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  • Claim

Name

The SEC challenged Telegram’s involvement with the TON blockchain in 2019

Types

Claim

Quotes that support claims

The foundation emerged in Switzerland in 2023 after an attempt by Telegram to raise billions of dollars for a crypto project ran afoul of US regulators, resulting in a 2020 settlement with the Securities and Exchange Commission.
Telegram was forced to terminate its involvement in the TON project in May 2020 and subsequently shut down the TON testnet after losing a multi-year legal battle with the US Securities and Exchange Commission over TON and Gram.

Referenced by

Overview of Telegram and TON history

Crypto news

Data block