The move comes after “years of drama” with the SEC. Recently, Telegram was forced to halt the sale of its Gram currency after it was cited for failing to register a $1.7 billion sale of the tokens ahead of the network’s launch. The platform was designed to offer a decentralized cryptocurrency similar to the developing, and also highly scrutinized, Libra project from Facebook.
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TON Shuts Down Operations in Wake of SEC Drama
Telegram has pulled the plug on its Telegram Open Network (TON), a crypto-focused subsidiary of the organization. So reports The Verge.
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