Post
Topic
Board Altcoin Discussion
Re: Telegram (TON) project has been halted by SEC
by
chaoscoinz
on 12/10/2019, 22:19:02 UTC
https://www.sec.gov/news/press-release/2019-212

Should we assume the project is dead?

I was about to reserve $500 worth of GRAM tokens on Crypterium or some exchange, but at this point i think it's not advisable.
What do you suggest ?
  Looks like trouble is afoot, I knew it was only a matter of time before we would see bigger ICO projects being ousted by the regulators. Great article, I wonder if they really are securities or utility tokens? They say simply listing your token as a utility isn't enough to proceed and start to raise capital thru crowdfunding. I guess it would be safer for startups to actually reach out to the S.E.C first, just to be sure the company's token is compliant and doesn't get them into any legal trouble. Seems a bit of a stretch, but worth it in the long run!