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SEC Opposes Telegram's Request For Clarity Regarding Geographic Scope Of Court Injunction

Ramsey Baker

Summary: Telegram has had their request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens opposed by the The United States Securities and Exchange Commission (SEC). According to a letter sent to Judge Castel on March 30, the injunction “unambiguously, and properly, applies to Telegram’s delivery ...

Telegram has had their request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens opposed by the The United States Securities and Exchange Commission (SEC).

According to a letter sent to Judge Castel on March 30, the injunction “unambiguously, and properly, applies to Telegram’s delivery of Grams to ‘any person or entity'... and requires no clarification.”

By Ramsey Baker

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