2019-10-18 11:18 |
Telegram has yielded to the US Securities and Exchange Commission over the sale of its Gram tokens, for now. According to a court filing submitted earlier this week, Telegram has agreed to stop selling its Gram tokens.
“Telegram has agreed to stipulate that it will not make any offers, sales, or deliveries of its expected cryptocurrency, called “Grams,” in order to maintain the status quo until this Court can resolve the legal issues at the heart of the matter,” the document reads. Telegram continues to disagree with the SEC over whether its Gram token is a security. As such, it…
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