Telegram announced the postponement of the deadline for the launch of the TON network to April 30, 2020 due to the ban on the sale of Gram tokens in the United States. Investors can agree to changes to the purchase agreement or return 77% of the invested funds.
An email from the company said the decision was made following a meeting with officials from the US Securities and Exchange Commission..
In order to to settle all issues with the regulator Telegram needs additional time before the launch of the cryptocurrency network. However, the term can only be extended with the consent of the majority of investors..
At the same time, each of the groups of contributors who participated in the first or second rounds of the closed ICO will make a decision separately, therefore, opposite voting results are not excluded. In this case, a smaller amount of Gram will be put into circulation on the day of launch..
Telegram Open Network (TON): What Happened To Telegram’s Gram Cryptocurrency? | Blockchain Central
Investors must agree to the changes by October 23, in case of refusal, they will be able to get back about 77% of their contribution.
text: Ivan Malichenko, photo: itechua