The drama continues to linger at the computer of the Telegram, as the questions surrounding Gram grow more and more each day. And that is, the Securities and Exchanges Commission (SEC) of the united States, would have made a new movement. To apply to the High Court of England and Wales documents and testimony from John Hyman, former Chief Investment Advisor of Telegram. In the middle of the plot by the issuance of tokens for the financing of the TON.
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TON: a history of illusions
The launch of Telegram Open Network (TON), the Blockchain of Telegram, and his criptomoneda associated with it, Gram. It was one of the most anticipated events of the crypto world, especially after the announcement of Pound for the part of Facebook. And that is, the values that Telegram defends in the design of Gram, are basically the same that are found in the nucleus of the Blockchain. Independence, decentralization, and transparency as a cornerstone for the construction of TON. What goes against the design that Facebook is making around its virtual currency. Which would depend, in the last instance the will and decisions of a group of large, multinational companies. Concentrating more of the power instead of distributing it, as it aspires to do this, the Blockchain and the cryptocurrencies. However, this confrontation between Gram and Pound may not come to fruition. This is due to the research of the SEC against Telegram, because of the removal of funds made by the company, in the pre-sale of Gram. Which was carried out without the approval of the regulatory institution, and therefore would have been illegal. As well, the company would have sold 2,900 million of Gram to 171 buyers selected from all over the world. Raising a total of us $ 1.7 trillion, which would be used to fund the development of its Blockchain and its criptomoneda.
The SEC cites John Hyman
And now, the SEC would take a step further to apply to an English Court requiring the testimony and documents of John Hyman, former Chief Investment Advisor of Telegram. In an attempt to obtain more information that allows you to stop the launch of a Gram. That would be considered an asset without registering. Hyman would have great importance for achieving these objectives. Because while he was in the Telegram, John worked directly in the process of raising funds to Gram. Keeping direct contact with investors interested in the acquisition of the coin in its pre-sale. In emails obtained until the time of the communications of Hyman with u.s. investors, you can observe details of the methods of financing of Telegram. In one of these can be read to Hyman say that Telegram “has been decided for regulatory reasons that never make any form of direct public offering (…) the public will be able to buy Grams once the network is running (…) and not directly from Telegram“. All of this would be part of an effort much larger, done by the u.s. government to regulate the cryptocurrencies, and maintain control over them. In recent times it has become a trend among governments around the world. By doing this, our Data of the Day today here in CriptoTendencia. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.