The Securities and Exchange Commission have “filed an emergency action and obtained temporary restraining order” against Telegrams ICO. They say that the GRM token constitutes as being unregistered digital token offering. The press release says the SEC has filed an emergency action and restraining order against Telegram and the Telegram Open Network (TON) in a complaint with Manhattan court. The SEC’s co-director of Enforcement commented in the release that it is doing this to “prevent Telegram from flooding the U.S. markets with digital tokens that we allege were unlawfully sold.” Stephanie Avakian followed on saying that the company, in the eyes of the SEC, has “failed to provide investors with information regarding Grams and Telegram’s business operations, financial condition, risk factors, and management that the securities laws require.” For those who dont know about them. Telegram is the massive messaging application that has become a home for the crypto community. The Russian firm raised some USD 1.7 billion over the past few years for a blockchain network and its native cryptocurrency, Grams. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next Federal Reserve’s Kaplan: Concerned that the manufacturing slowdown will intensify FX Street 3 years The Securities and Exchange Commission have "filed an emergency action and obtained temporary restraining order" against Telegrams ICO. They say that the GRM token constitutes as being unregistered digital token offering. The press release says the SEC has filed an emergency action and restraining order against Telegram and the Telegram Open Network (TON) in a complaint with Manhattan court. The SEC's co-director of Enforcement commented in the release that it is doing this to "prevent Telegram from flooding the U.S. markets with digital tokens that we allege were unlawfully sold." Stephanie Avakian followed on saying that the company, in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
