Anonymous ID: 3b0cf3 June 26, 2020, 1:53 p.m. No.9758003   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8162 >>8280

Telegram to pay $18.5 mln, return investor money to settle SEC charges

 

Telegram Group Inc has agreed to return $1.2 billion to investors and pay an $18.5 million civil penalty to resolve charges over an unregistered digital token coin offering, the U.S. Securities and Exchange Commission (SEC) said on Friday.

 

The regulator in October halted Telegramโ€™s $1.7 billion digital token offering, saying the firm had raised capital to finance its business by selling 2.9 billion โ€œGramsโ€ to global investors. The SEC said in a statement on Friday it had obtained court approval of the settlements with Telegram and a subsidiary.

https://www.reuters.com/article/usa-sec-telegram/telegram-to-pay-18-5-mln-return-investor-money-to-settle-sec-charges-idUSL1N2E21GC

 

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