An Australian startup is launching an innovative tokenized gold trading platform with ‘no central point of failure’. Australian startup Meld Gold will launch a blockchain-based platform for tokenized gold trading in the third quarter of 2020. Meld Gold said the platform will offer a digital method to buy and sell physical gold that is more […]
Continue ReadingThe SEC has opposed Telegram’s request for clarification as to whether the injunction granted against its Gram distribution has jurisdiction outside of the United States. The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens. […]
Continue ReadingCheck out this week’s Bad Crypto News. Bitcoin has continued its recovery. It’s up around 23 percent over the last week, even as the Bitcoin clock continues its countdown. We’re now entering the last 50 days of a 12.5 BTC reward. These are strange times for everyone but despite Bitcoin’s volatility, the digital coin seems […]
Continue ReadingFormer NASDAQ warns the TON Community against launching Telegram’s blockchain network until the Court of Appeals has its say. Former NASDAQ vice president and assistant general counsel warned the TON Community against launching Telegram’s blockchain network until the 2nd U.S. Circuit Court of Appeals has its say. Safe Harbor is not on SEC’s agenda Manny […]
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Telegram’s GRAM token passes the Howey test and is subject to regulation, says the SEC. How far can a preliminary injunction from an American court reach? The answer to that question is everything for Telegram’s embattled TON blockchain project. TON has been under legal fire since shortly after the SEC became aware of its token […]
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The court sided with the SEC and prohibited Telegram from releasing Gram tokens, but the community says it can still launch the network. As Telegram’s legal battle with the United States Securities and Exchange Commission continues to unfold, the U.S. authorities have convinced the judge to bar the company from issuing Gram tokens — at […]
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Telegram is looking to appeal the court’s recent decision in favor of the SEC to halt distribution of GRAM tokens until trial. Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens. Rejection of the injunction and the status […]
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The SEC has been granted an injunction to prevent the distribution of Grams with the U.S. court saying that there would be a “near certain risk of a future harm.” 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 […]
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Telegram has pointed to a fresh precedent that could bolster its argument against allegations it violated United States federal securities laws. Telegram has pointed to a fresh precedent that could bolster its argument against allegations it violated United States federal securities laws. In a March 6 letter to Judge P. Kevin Castel of the U.S. […]
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The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The […]
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