Express

Telegram Issues Response On SEC's Injunction

Janelle Fox

Summary: Telegram has decided to fight back against the U.S. Securities and Exchange Commission (SEC) and issued a message responding to regulators about their cryptocurrency Grams. The message stated that the SEC’s emergency injunction was unwarranted and Telegram is asking for a federal court to deny the motion. Telegram also made it a point that it ...

Telegram has decided to fight back against the U.S. Securities and Exchange Commission (SEC) and issued a message responding to regulators about their cryptocurrency Grams.

The message stated that the SEC’s emergency injunction was unwarranted and Telegram is asking for a federal court to deny the motion. Telegram also made it a point that it is not a security therefore shouldn’t fall under the SEC’s jurisdiction.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Telegram Issues Response On SEC's Injunction   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.