Telegram agrees to return $1.2 billion to investors, pay $18.5 penalty to settle SEC charges
( June 26, 2020, 20:56 GMT | Official Statement) -- MLex Summary: The Telegram Group has agreed to return $1.2 billion to investors after selling approximately 2.9 billion digital tokens called Grams, the US Securities and Exchange Commission said. The company will also pay an $18.5 million civil penalty to settle SEC charges regarding the unregistered offering of digital tokens.Statement follows below:...
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