SEC Sues Telegram to Stop $1.7 Billion Token Offering

The U.S. Securities and Exchange Commission has sued the encrypted instant messaging and voice app; Telegram for allegedly breaking federal laws in its $1.7 billion digital token offerings. On the same token, the United States securities regulator announced on Friday it obtained a temporary restraining order against telegram and its subsidiary, TON Issuer Inc. however, Telegram had promised to commence on token distribution by October 31.....read more

https://www.cryptoknowmics.com/news/sec-sues-telegram-to-stop-1-7-billion-token-offering

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SEC is only making problems, not solving them. Libra before, TON now.