Telegram court hearing scheduled for October 24, just a few days before the launch of the TON network: details

According to recently received lawsuit filed by the US Securities and Exchange Commission (SEC) versus Telegram, the TON trial will be held on October 24 in the United States District Court for the Southern District of the United States. New York.

In the meantime, the network is planned to be launched no later than October 31, but a huge cloud of legal uncertainty hovers over one of the largest Blockchain projects in recent years.

Telegram was supposed to launch its mysterious Gram token by the end of October, but its plans were suddenly disrupted due to restraining order which was filed by the SEC.

The aforementioned lawsuit states that the defendants took 1,7 billion dollars in proceeds from an unregistered ICO (424,5 million dollars came from US investors). In a Bloomberg post It is said that the messaging giant is considering delaying the launch of the network due to legal issues.

On October 13, a company led by Pavel Durov told its investors that it was "surprised and disappointed" by the sudden suppression of the SEC, also stating that it had been negotiating with the US regulatory body for more than a year.

Telegram is allowed to file a counterclaim no later than October 18.

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