Pavel Durov returned to the buyers of tokens Gram us $1.2 billion dellarovere Dragun | 26.06.2020
During ICO Telegram raised $1.7 billion Now he is obliged to disgorge the illegal profit of $1.22 billion, the question is how the payment of 72% of investments investors who decided to withdraw from
project in 2020, and on payments to investors who agreed to sign a loan agreement until 2021 based on the return is 110%.
Under the agreement, Telegram is obliged not to violate the securities Act from 1933 in those parts, which, in the opinion of the Commission, was violated during the ICO.
Within three years, the Telegram shall within 45 days notify the securities Commission before issue of digital assets, crypto currency, digital money and tokens.
And the last Telegram will pay a fine of $18.5 million.
The Telegram was planning to launch blockchain-TON project and the cryptocurrency Gram until 31 October 2019, but in October the securities and exchange Commission filed a restraining order on the sale of cryptocurrencies.
The regulator believes that the structure of the Telegram was to register the sale Gram as a securities transaction to disclose information on the financial situation, business, management and risks
accordance with the laws of the United States.
In March, the court supported the position of U.S. controller and recognized the Telegram cryptocurrency securities. In may, the defense Telegram has withdrawn the appeal on the ruling to ban the sale of Gram.