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Wednesday, March 25, 2020

NY federal court issues preliminary injunction against Telegram's 2018 $1.7B ICO, finding the distribution of Gram tokens likely violates US securities law (Stephen Palley/The Block)

Stephen Palley / The Block:
NY federal court issues preliminary injunction against Telegram's 2018 $1.7B ICO, finding the distribution of Gram tokens likely violates US securities law  —  The $1.7 billion 2018 fundraising effort by Telegram hit a major snag today when a Federal Judge in New York issued …



from Techmeme https://ift.tt/2UfN0JP

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