Investors supported the proposal to postpone the launch of the Telegram blockchain
Investors blockchain-Telegram Open Network (TON) project are ready to wait for the launch of the main networks before April 30th and do not require a refund funds. About it writes Forbes citing sources familiar with the voting results.
Previously it was assumed that the TON network will be launched until the end of October, but SEC claim and exchanges USA (SEC) against the organizers of the project did not allow them to fulfill the plan. Then Telegram, according to media reports, invited the participants of both investment rounds to vote to delay the launch or return about 77% of the invested amount. Along with the approval to postpone the launch, Telegram received permission from investors to spend an additional $ 80 million for the development of TON.
Earlier it was assumed that the hearings in the SEC proceedings with Telegram will take place today, October 24. Topics at least the date of the meeting was postponed to mid-February by court decision.
In Telegram positively commented on change terms of consideration of the case, noting that at the February hearings they are will be seek recognition for the Gram token absence security status, then as on October meeting only the issue would be resolved about claim approval SEC limit the distribution of Gram among investors.
“Telegram considers this event a positive step towards decision problems through the judicial system in an expedited manner. We use with our consultants this time, to ensure maximum possible support for Telegram’s position by the February hearings “, – stated in company.