Pavel Durov two days interrogated in Dubai
The interrogation, which was held on January 7-8 in Dubai, really took place. The Bell found the transcripts — the document says that the actor two days in a row was explaining to the SEC lawyers how much money he spent on the Telegram and TON, why the ICO decided to spend much spent on equipment and why not consider Gram securities.
Durov's position during the interrogation was the fact that Gram — not a valuable paper and digital currency, and a large number of investors needed to Finance the purchase of equipment, and in order to ensure the sustainability of the future blockchain platform. Team TON, according to him, it was necessary to attract a sufficient number of investors in order to launch blockchain at least some of them could become validators, at least two dozen.
https://thebell.io/pavla-durova-dva-dnya-s-pristrastiem-doprashivali-v-dubae/
#TON #crypt #courts
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The interrogation, which was held on January 7-8 in Dubai, really took place. The Bell found the transcripts — the document says that the actor two days in a row was explaining to the SEC lawyers how much money he spent on the Telegram and TON, why the ICO decided to spend much spent on equipment and why not consider Gram securities.
Durov's position during the interrogation was the fact that Gram — not a valuable paper and digital currency, and a large number of investors needed to Finance the purchase of equipment, and in order to ensure the sustainability of the future blockchain platform. Team TON, according to him, it was necessary to attract a sufficient number of investors in order to launch blockchain at least some of them could become validators, at least two dozen.
https://thebell.io/pavla-durova-dva-dnya-s-pristrastiem-doprashivali-v-dubae/
#TON #crypt #courts
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Digital chamber of Commerce will participate in a legal battle with the SEC Telegram
She wants to become an independent party in the case, which inform the court on the issues raised in the proceedings.
"We respectfully request that the Court confirmed that the digital asset is not a security solely because it is in digital form or registered in the database of the blockchain".
tginfo.me/battle-with-sec
#TON #crypt
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She wants to become an independent party in the case, which inform the court on the issues raised in the proceedings.
"We respectfully request that the Court confirmed that the digital asset is not a security solely because it is in digital form or registered in the database of the blockchain".
tginfo.me/battle-with-sec
#TON #crypt
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The SEC issued a new Memorandum, which refers to the doubt that the command of the messenger, in principle, prepared to launch the revolutionary blockchain in the form in which it was promised to investors.
In the new Memorandum, the regulator says: not the fact that TON, according to the developers, ready, because there's no proof. Moreover, even if something Telegram and ready, most likely, the product will not match the promises of the developers from white paper and other documents that are offered to investors. SEC this conclusion is made based on the opinions of experts.
Investors Telegram, spoke The Bell, I believe in the success of TON and are confident that the blockchain will be ready in time. That investors are not disappointed in the project, speak and vote, which Telegram held in October: the majority of individual investors and the funds agreed with the postponement of the launch in April and did not demand the return of their money.
https://thebell.io/sec-zasomnevalas-v-sposobnosti-telegram-zapustit-revolyutsionnyj-blokchejn/
Full version Memorandum in English document on @infotonen
#TON #crypt #courts
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In the new Memorandum, the regulator says: not the fact that TON, according to the developers, ready, because there's no proof. Moreover, even if something Telegram and ready, most likely, the product will not match the promises of the developers from white paper and other documents that are offered to investors. SEC this conclusion is made based on the opinions of experts.
Investors Telegram, spoke The Bell, I believe in the success of TON and are confident that the blockchain will be ready in time. That investors are not disappointed in the project, speak and vote, which Telegram held in October: the majority of individual investors and the funds agreed with the postponement of the launch in April and did not demand the return of their money.
https://thebell.io/sec-zasomnevalas-v-sposobnosti-telegram-zapustit-revolyutsionnyj-blokchejn/
Full version Memorandum in English document on @infotonen
#TON #crypt #courts
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The Bell
SEC засомневалась в способности Telegram запустить революционный блокчейн
Судебное разбирательство между Комиссией по ценным бумагам и биржам США (SEC) и Telegram набирает обороты: стороны выступили с обновленными позициями. Из меморандума SEC становится понятно, что она не
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SEC issued a new Memorandum
In it the regulator has expressed doubt that the command of the messenger, in principle, prepared to launch the revolutionary blockchain in the form in which it was promised to investors.
In the new Memorandum, the regulator says: not the fact that TON, according to the developers, ready, because there's no proof. Moreover, even if something Telegram and ready, most likely, the product will not match the promises of the developers from white paper and other documents that are offered to investors. SEC this conclusion is made based on the opinions of experts.
Investors Telegram, spoke The Bell, I believe in the success of TON and are confident that the blockchain will be ready in time. That investors are not disappointed in the project, speak and vote, which Telegram held in October: the majority of individual investors and the funds agreed with the postponement of the launch in April and did not demand the return of their money.
https://thebell.io/sec-zasomnevalas-v-sposobnosti-telegram-zapustit-revolyutsionnyj-blokchejn/
Full version Memorandum in English document on @infoton
#TON #crypt #courts
Translated using Yandex.API
In it the regulator has expressed doubt that the command of the messenger, in principle, prepared to launch the revolutionary blockchain in the form in which it was promised to investors.
In the new Memorandum, the regulator says: not the fact that TON, according to the developers, ready, because there's no proof. Moreover, even if something Telegram and ready, most likely, the product will not match the promises of the developers from white paper and other documents that are offered to investors. SEC this conclusion is made based on the opinions of experts.
Investors Telegram, spoke The Bell, I believe in the success of TON and are confident that the blockchain will be ready in time. That investors are not disappointed in the project, speak and vote, which Telegram held in October: the majority of individual investors and the funds agreed with the postponement of the launch in April and did not demand the return of their money.
https://thebell.io/sec-zasomnevalas-v-sposobnosti-telegram-zapustit-revolyutsionnyj-blokchejn/
Full version Memorandum in English document on @infoton
#TON #crypt #courts
Translated using Yandex.API
the SEC said the lack of intrinsic value Gram, comparing tokens with gold and donuts
The Commission on securities and stock exchanges of the USA reiterated that the tokens blockchain-TON platform are securities. The Telegram attempted to call their product a Fee called the desire "to avoid the economic truth."
In the new Memorandum, the SEC notes that Gram has no intrinsic value and they never "are not tangible". The Commission also stressed that the tokens are a TON of the draft "computer code, confirming the right of ownership of the asset":
"Gram — not a commodity. Unlike gold, comics or doughnuts Krispy Kreme products that Telegram compares with Gram — has no intrinsic value. It depends on the efforts of the Telegram on the creation of the blockchain and ecosystem"," — the document says.
https://forklog.com/sec-zayavila-ob-otsutstvii-vnutrennej-tsennosti-gram-sravniv-tokeny-s-zolotom-i-ponchikami/amp/
Translated using Yandex.API
The Commission on securities and stock exchanges of the USA reiterated that the tokens blockchain-TON platform are securities. The Telegram attempted to call their product a Fee called the desire "to avoid the economic truth."
In the new Memorandum, the SEC notes that Gram has no intrinsic value and they never "are not tangible". The Commission also stressed that the tokens are a TON of the draft "computer code, confirming the right of ownership of the asset":
"Gram — not a commodity. Unlike gold, comics or doughnuts Krispy Kreme products that Telegram compares with Gram — has no intrinsic value. It depends on the efforts of the Telegram on the creation of the blockchain and ecosystem"," — the document says.
https://forklog.com/sec-zayavila-ob-otsutstvii-vnutrennej-tsennosti-gram-sravniv-tokeny-s-zolotom-i-ponchikami/amp/
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gov.uscourts.nysd.524448.113.0.pdf
326.6 KB
Full SEC Memorandum in English
Investors TON filed in the U.S. court of mediation confidentiality lichnostei
Six investors have invested money in the blockchain TON of Pavel Durov, has filed a petition for non-disclosure of persons in judicial proceedings, Telegram and SEC. Investors are asked to prevent the disclosure of names and trade secrets of investors – third parties connected with the company Pavel Durov.
https://www.vedomosti.ru/technology/news/2020/02/05/822347-ton-podali?ref=vc.ru
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Six investors have invested money in the blockchain TON of Pavel Durov, has filed a petition for non-disclosure of persons in judicial proceedings, Telegram and SEC. Investors are asked to prevent the disclosure of names and trade secrets of investors – third parties connected with the company Pavel Durov.
https://www.vedomosti.ru/technology/news/2020/02/05/822347-ton-podali?ref=vc.ru
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Forwarded from Telegram Info English
Nicholas Durov told about the mechanism of validation units TON
In TON, no more than 100 validators for the main chain and from 10 to 30 for each sardhana. According to tests carried out in 2018, the block can be generated every five seconds, each time going through the process of full harmonization.
Read more: tginfo.me/ton-catchain-en
#TON #crypt
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In TON, no more than 100 validators for the main chain and from 10 to 30 for each sardhana. According to tests carried out in 2018, the block can be generated every five seconds, each time going through the process of full harmonization.
Read more: tginfo.me/ton-catchain-en
#TON #crypt
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Telegram Info
Telegram published information on the TON blockchain consensus algorithm
Information on the TON blockchain consensus algorithm has been published on test.ton.org. The Byzantine Fault Tolerant (BFT) PoS algorithm is called Catchain and is similar to the NEO and Cosmos consensus protocols. Telegram co-founder Nikolai Durov has published…
creating a site based on TON
On the official website of Telegram Open Network has information about how to create a website in a decentralized network TON.
Read more: tginfo.me/ton-sites
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On the official website of Telegram Open Network has information about how to create a website in a decentralized network TON.
Read more: tginfo.me/ton-sites
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the hearings on the suit of the regulator to Telegram rescheduled for February 19
Federal court for the southern district of new York seized the Commission on securities and stock exchanges of the USA to the company Telegram Group Inc., postponed hearings on this case on February 19. This is evidenced by the materials submitted to the electronic database of the court.
Schedule court adjusted due to the fact that on 10 February, a ceremony of farewell to Federal judge Deborah Batts.
tass.ru/obschestvo/7718085
#courts
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Federal court for the southern district of new York seized the Commission on securities and stock exchanges of the USA to the company Telegram Group Inc., postponed hearings on this case on February 19. This is evidenced by the materials submitted to the electronic database of the court.
Schedule court adjusted due to the fact that on 10 February, a ceremony of farewell to Federal judge Deborah Batts.
tass.ru/obschestvo/7718085
#courts
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the SEC received additional arguments in a dispute with a Telegram
Former chief investment officer Telegram John Hyman testified under oath in the case of the Commission on securities and stock exchanges of the USA (SEC) against the Telegram Group Inc. and TON Issuer Inc., said in pisma representative of the SEC Jorge Tenreiro the judge of the district court for the southern district of new York Kevin Castel on February 10. The result was received "some additional evidence" which the SEC can refer during the debate of the parties in the case on February 19, the document says.
"These testimonies support the position of the SEC that Telegram in 2018 were sold investment contracts, which included Gram", — writes Tenreiro. The court may take into account these data, as they have been unavailable SEC, he points out.
forbes.ru/newsroom/tehnologii/392893-sec-poluchila-dopolnitelnye-argumenty-v-spore-s-telegram
Translated using Yandex.API
Former chief investment officer Telegram John Hyman testified under oath in the case of the Commission on securities and stock exchanges of the USA (SEC) against the Telegram Group Inc. and TON Issuer Inc., said in pisma representative of the SEC Jorge Tenreiro the judge of the district court for the southern district of new York Kevin Castel on February 10. The result was received "some additional evidence" which the SEC can refer during the debate of the parties in the case on February 19, the document says.
"These testimonies support the position of the SEC that Telegram in 2018 were sold investment contracts, which included Gram", — writes Tenreiro. The court may take into account these data, as they have been unavailable SEC, he points out.
forbes.ru/newsroom/tehnologii/392893-sec-poluchila-dopolnitelnye-argumenty-v-spore-s-telegram
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Tomorrow, February 19, held a landmark hearing in the SEC case against the Telegram, which the Prosecutor will try to prove that TON is a centralized company that aims at a single goal – obtaining financial benefits.
Meanwhile, the developers and investors TON has created a non-profit organization THANK Community Foundation to manage the community and sent to a third party's opinion in U.S. court.
Read more about TON Community Foundation: tginfo.me/ton-foundation-en
#TON #crypt
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Meanwhile, the developers and investors TON has created a non-profit organization THANK Community Foundation to manage the community and sent to a third party's opinion in U.S. court.
Read more about TON Community Foundation: tginfo.me/ton-foundation-en
#TON #crypt
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Telegram Info
TON Developers, Investors Back Telegram in SEC Fight
Undeterred by the U.S. Securities and Exchange Commission’s lawsuit against Telegram, developers and investors in the company’s blockchain project have formed a nonprofit for community governance. One of the TON Community Foundation’s first actions was to…
As filed Motion for Leave to File Amicus Brief.pdf
219.6 KB
Notification from the Community Foundation TON in the District court of new York.
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As filed Proposed Amicus Brief.pdf
284.6 KB
The opinion of the third party that the TON Community Foundation asks to attach to the case.
Translated using Yandex.API
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Blockchair launched a columnist for the Telegram Open Network (TON)
While Pavel Durov and the team Telegram Open Network defends the project before the American regulator, ecosystem project TON developing. So, the team Blockchair recently launched its Explorer to TON.
Blockchair.com platform to search for information about transactions and addresses in different blockchains. Blockchair allows you to search for transactions in the blockchain TON in a user friendly format. The service also offers API for TON for developers of applications and services.
The company previously released the reviewers for Bitcoin Cash and Bitcoin SV after their forks, then the prospect of these cryptocurrencies, as in the case of TON, was unclear.
Added browser TON commented on Edige Davletgaliev, head of research Blockchair: "the Problem of scalable cryptocurrency – the unsolved technical problem, which imposes restrictions on their distribution. The team has a TON of experience in the creation of two extremely high-loaded products: VK and Telegram, therefore, we see a TON of prospects. Legal issues are artificially created, nothing can stop technology".
Details about the new product at: blockchair.com/ton
#TON #crypt
Translated using Yandex.API
While Pavel Durov and the team Telegram Open Network defends the project before the American regulator, ecosystem project TON developing. So, the team Blockchair recently launched its Explorer to TON.
Blockchair.com platform to search for information about transactions and addresses in different blockchains. Blockchair allows you to search for transactions in the blockchain TON in a user friendly format. The service also offers API for TON for developers of applications and services.
The company previously released the reviewers for Bitcoin Cash and Bitcoin SV after their forks, then the prospect of these cryptocurrencies, as in the case of TON, was unclear.
Added browser TON commented on Edige Davletgaliev, head of research Blockchair: "the Problem of scalable cryptocurrency – the unsolved technical problem, which imposes restrictions on their distribution. The team has a TON of experience in the creation of two extremely high-loaded products: VK and Telegram, therefore, we see a TON of prospects. Legal issues are artificially created, nothing can stop technology".
Details about the new product at: blockchair.com/ton
#TON #crypt
Translated using Yandex.API
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⚡The court extended restrictions on the sale of gram
In new York ended the court session on the case of SEC vs Telegram. The judge ruled to extend the existing restriction on the sale of tokens. Further decision in the case of TON/SEC postponed until April 30.
"a Temporary ban extended," — told judge Kevin Castel, considering the claim of the Commission on securities and stock exchanges of the USA to the Telegram. The judge said that he will determine later how long should the ban.
Judging by the comments of those present, decentralization to prove successful, but the court has doubts that the claimed capabilities TON correspond to the actual state of Affairs. According to those who were on the court, the judge Castell understands the blockchain and decentralization, and wants to understand the topic deeper.
#TON #crypt
Translated using Yandex.API
In new York ended the court session on the case of SEC vs Telegram. The judge ruled to extend the existing restriction on the sale of tokens. Further decision in the case of TON/SEC postponed until April 30.
"a Temporary ban extended," — told judge Kevin Castel, considering the claim of the Commission on securities and stock exchanges of the USA to the Telegram. The judge said that he will determine later how long should the ban.
Judging by the comments of those present, decentralization to prove successful, but the court has doubts that the claimed capabilities TON correspond to the actual state of Affairs. According to those who were on the court, the judge Castell understands the blockchain and decentralization, and wants to understand the topic deeper.
#TON #crypt
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Catchain: algorithm consensus blockchain TON
The article deals with one of the key issues responsible for security and proper operation of the blockchain is a Protocol to achieve consensus between the validators on the network.
habr.com/ru/company/mercuryo/blog/490392
Translated using Yandex.API
The article deals with one of the key issues responsible for security and proper operation of the blockchain is a Protocol to achieve consensus between the validators on the network.
habr.com/ru/company/mercuryo/blog/490392
Translated using Yandex.API