Express

Telegram Open Network Halting Work Due To Red Flag

Ramsey Baker

Summary: The private Telegram channel for investors, Telegram Open Network (TON), will undergo a temporary halt of work due to a recent red flag from United States regulators, according to an announcement made by the company.  The TON board is a private channel created by and for those who have invested in TON and for future major holders ...

The private Telegram channel for investors, Telegram Open Network (TON), will undergo a temporary halt of work due to a recent red flag from United States regulators, according to an announcement made by the company. 

The TON board is a private channel created by and for those who have invested in TON and for future major holders of Grams their cryptocurrency. TON will be using this temporary halt to analyze new information and adapt their policies so that they meet legal standards. This flag comes weeks before the coin's intended launch and is due to their $1.7 billion Gram token sale in 2018, which the United States Securities and Exchange Commission (SEC) deemed illegal.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Telegram Open Network Halting Work Due To Red Flag   [Copy]
Next:

Related Articles

  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 10 hours ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago

    • You need to login to comment.