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Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit

Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit

Telegram is pledging to turn over communications, bank records and other information to the Securities and Exchange Commission (SEC) as part of the agency’s ongoing legal fight against the messaging startup on allegations that its $1.7 billion token sale in 2018 was conducted in violation of U.S. securities law. According to a court filing Friday, …

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Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain

Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain

Telegram’s blockchain network finally launched today – or, at least, a version of it.  TON Labs, a startup that helped Telegram run the test network for the Telegram Open Network (TON), launched its own version of the blockchain Thursday, with the support of professional validators. Called Free TON, the fork comes after the group decided …

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