A United States District Court has granted an injunction against Telegram, preventing the company from issuing its GRAM tokens at the present time. Court says that GRAMS are securities under Howey testRead More…
A U.S. judge ordered messaging platform Telegram to refrain from issuing its gram cryptocurrency next month as planned, granting a request by the Securities and Exchange Commission (SEC). In a preliminary injunctionRead More…
Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S. The Securities and Exchange Commission (SEC) published a proposal to amendRead More…
A Russian oligarch, a former cabinet minister and the COO of German fintech company Wirecard invested in Telegram’s $1.7 billion initial coin offering (ICO), according to a previously unreported court document. TycoonRead More…
A U.S. judge has asked lawyers from the Commodity Futures Trading Commission (CFTC) to provide an opinion in the case brought by the Securities and Exchange Commission (SEC) against Telegram’s $1.7 billionRead More…
The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocatesRead More…
Lawyers representing encrypted messaging app Telegram have requested a United States court throw out regulator demands for its bank accounts. In a letter to Judge P. Kevin Castel at the Daniel PatrickRead More…
The U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud. According to an SEC press release Friday, Meenavalli hasRead More…
Joining the SEC as a staff attorney in 2010, Littman rose in the ranks to become a senior advisor to SEC Chairman Jay Clayton in the summer of 2017. In that role,Read More…
Telegram’s founder and CEO Pavel Durov, as well as two other employees, should give testimony in the SEC vs. Telegram case, a judge has ordered. According to a document signed by DistrictRead More…