Post
Topic
Board Economics
Re: Telegram to Return $1.2 Billion to Investors and Pay $18.5 Million Penalty to Se
by
DoubleEdgeEX
on 30/06/2020, 06:49:22 UTC
That´s actually admitting a mistake, or admitting having commited a crime. I assume that was the easiest and fastest way to end this tragedy of a law suit, but I think it leaves a sour taste to it, not against Telegram but to regulatory folks
I don't see this a mistake, but rather a bureaucracy against new technology and digital projects.
Telegram wasn't about the scam in the first place, however their plan was a bit sketchy in terms of US laws

Absolutely, but how did it get perceived from the outside? If you do business in the USA today, you need 10 lawyers for each developer it seems. However, I really like Telegram and if they can find a way to be profitable and work now in the regulatory frameworks I would be happy to see them succeed!