On 16 Telegram apprised its investors of a later launch date for its TON blockchain project, postponing it from Oct 30, 2019, to Apr 30, 2020, following the restraining order from the Securities and Exchange Commission (SEC). Following a successful two-round token offering of its native Gram tokens, that managed to raise over one billion dollars ($1.7 billion), the launch of the eagerly-awaited multi-billion dollar project was halted by the SEC, prohibiting the popular messenger app from rolling out its TON blockchain and issuing of gram tokens. What went wrong with Telegram token offering? According to the SEC, the information
