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Telegram Is Calling It Quits On The Telegram Open Network And GRAM Tokens

Ramsey Baker

Summary: The CEO of messaging platform Telegram has announced the company has abandoned their regulatory battle for the Telegram Open Network (TON) and Gram (GRAM). According to a message on Tuesday from Telegram CEO Pavel Durov, the company is calling it quits on the Telegram Open Network and the linked GRAM tokens. Burov states in the ...

The CEO of messaging platform Telegram has announced the company has abandoned their regulatory battle for the Telegram Open Network (TON) and Gram (GRAM).

According to a message on Tuesday from Telegram CEO Pavel Durov, the company is calling it quits on the Telegram Open Network and the linked GRAM tokens. Burov states in the message that a lengthy battle with the United States Securities and Exchange Commission (SEC) was to blame for the project coming to an end.

By Ramsey Baker

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