Hearings on the suit of US regulators to Telegram scheduled for February 18
Hearings are scheduled for February 18 at 11:00 am GMT-4 (19:00 GMT+3).
As the correspondent of TASS from the courtroom, the decision was made by the judge of the district court for the southern district of Manhattan Kenneth Kestrel.
"In case of need hearing will be continued on 19 February," he said, demanding that the parties had submitted all documents in the case to January 27.
tass.ru/ekonomika/7018470
#courts
This message was automatically forwarded and translated from @tginfo using Yandex
source
Hearings are scheduled for February 18 at 11:00 am GMT-4 (19:00 GMT+3).
As the correspondent of TASS from the courtroom, the decision was made by the judge of the district court for the southern district of Manhattan Kenneth Kestrel.
"In case of need hearing will be continued on 19 February," he said, demanding that the parties had submitted all documents in the case to January 27.
tass.ru/ekonomika/7018470
#courts
This message was automatically forwarded and translated from @tginfo using Yandex
source
Telegram demanded to reject the claim of the authorities of the United States against the launch of cryptocurrency Gram
The statement said that the defendant "asked the court fully and without the right to resubmission reject the claim of the plaintiff against the Telegram". Lawyers For The Telegram Group Inc. stressed that the defendant his organization completely rejects all charges in his address.
The document once again observed that Gram at the time of launch "will be the currency and/or goods", and not security, as demanded by American authorities. Earlier, the representatives of the regulator stated that the Telegram did not offer convincing arguments to refute the allegations of the Commission regarding the fact that the Gram should be regarded as a security, not a cryptocurrency.
Along with this, the claim says emails and phone calls to the SEC.
ria.ru/20191113/1560868434.html
#courts
Translated using Yandex.API
The statement said that the defendant "asked the court fully and without the right to resubmission reject the claim of the plaintiff against the Telegram". Lawyers For The Telegram Group Inc. stressed that the defendant his organization completely rejects all charges in his address.
The document once again observed that Gram at the time of launch "will be the currency and/or goods", and not security, as demanded by American authorities. Earlier, the representatives of the regulator stated that the Telegram did not offer convincing arguments to refute the allegations of the Commission regarding the fact that the Gram should be regarded as a security, not a cryptocurrency.
Along with this, the claim says emails and phone calls to the SEC.
ria.ru/20191113/1560868434.html
#courts
Translated using Yandex.API
Telegram requests 5-7 weeks to verify the data upon request to the SEC
The Lawyer's Telegram, Alex Drylewski
said that if the case or the threat of an injunction will not be solved by the end of April, according to the terms of the private placement, the Telegraph will have to return the money to investors.
More: tginfo.me/tg-vs-sec-2020-en
#TON #crypt #courts
Translated using Yandex.API
The Lawyer's Telegram, Alex Drylewski
said that if the case or the threat of an injunction will not be solved by the end of April, according to the terms of the private placement, the Telegraph will have to return the money to investors.
More: tginfo.me/tg-vs-sec-2020-en
#TON #crypt #courts
Translated using Yandex.API
Telegram Info
Telegram asks for 5-7 weeks to verify data on SEC request
On January 6, a conference call was held in which Telegram's Lawyer, Alex Dreilewski of Skadden Arps, said that the preparation of Bank documents would require a review of the privacy rights of c
Great analysis of litigation Telegram with the SEC
For those who are already entangled in lawsuits, court hearings and dates, most state the chronological progress of the conflict Telegram with the SEC.
#TON #crypt #courts
Translated using Yandex.API
For those who are already entangled in lawsuits, court hearings and dates, most state the chronological progress of the conflict Telegram with the SEC.
#TON #crypt #courts
Translated using Yandex.API
TJ
Обмен претензиями, допрос Дурова и заморозка ICO: что происходит в конфликте Telegram и властей США — Разборы на TJ
Вялотекущее разбирательство, похоже, достигло высшей точки, но пока неясно, кто выйдет победителем.
Telegram and the SEC asked the court to expedite consideration of the dispute on the cryptocurrency
The Commission on securities and stock exchanges of the USA and Telegram asked the district court of the state of new York to rule on their dispute in an expeditious manner, stated in the motions filed by the parties.
Position Telegram
According to Telegram, the decision to ban the production of Gram contradicts statements made by the SEC's desire to cooperate with the developers: "the regulator's Decision was criticized as legislators of the United States and one of the members of the SEC." The company also accused the SEC that the regulator failed to provide clear regulation in this area, and condemned her for the publication of the correspondence between the representatives of the Telegram and investors.
the position of the SEC
The SEC continues to insist that investors expect to earn on the resale of Gram to run TON, and the company Durova knew about the gray market. The SEC also accuses Telegram in selling tokens after the end of the collection investment.
https://www.vedomosti.ru/technology/articles/2020/01/17/820816-sec-telegram
#TON #crypt #courts
Translated using Yandex.API
The Commission on securities and stock exchanges of the USA and Telegram asked the district court of the state of new York to rule on their dispute in an expeditious manner, stated in the motions filed by the parties.
Position Telegram
According to Telegram, the decision to ban the production of Gram contradicts statements made by the SEC's desire to cooperate with the developers: "the regulator's Decision was criticized as legislators of the United States and one of the members of the SEC." The company also accused the SEC that the regulator failed to provide clear regulation in this area, and condemned her for the publication of the correspondence between the representatives of the Telegram and investors.
the position of the SEC
The SEC continues to insist that investors expect to earn on the resale of Gram to run TON, and the company Durova knew about the gray market. The SEC also accuses Telegram in selling tokens after the end of the collection investment.
https://www.vedomosti.ru/technology/articles/2020/01/17/820816-sec-telegram
#TON #crypt #courts
Translated using Yandex.API
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
Translated using Yandex.API
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
Translated using Yandex.API
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
Translated using Yandex.API
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
Translated using Yandex.API
the court for the southern district of new York has banned the transfer of tokens Gram buyers
https://tginfo.me/ton-vs-sec-2-2/
#ton #courts
Translated using Yandex.API
https://tginfo.me/ton-vs-sec-2-2/
#ton #courts
Translated using Yandex.API
Skadden letter to Court March 27, 2020.pdf
149.1 KB
A lawyer for the company, protecting the interests of the Telegram, Alex Drylewski, filed a request for clarification of the court's position.
To run a TON outside US jurisdiction it is important to clarify whether the prohibition of an agreement TON with investors outside the us jurisdiction.
He noted that More than 70% of the funds raised in TON received from investors located outside of U.S. jurisdiction.
#TON #courts
Translated using Yandex.API
To run a TON outside US jurisdiction it is important to clarify whether the prohibition of an agreement TON with investors outside the us jurisdiction.
He noted that More than 70% of the funds raised in TON received from investors located outside of U.S. jurisdiction.
#TON #courts
Translated using Yandex.API
in the United States Court refused Telegram in the explanation of the ban on the transfer of tokens and it's not a joke
Judge for the southern district of new York Kevin castle otklonil the request Telegram the lifting of the temporary ban on the issuance of tokens Gram for non-us investors. It is not convinced by the assurances of the defendant that the coins will not fall into the hands of US residents on the secondary market.
The judge noted that the lawyers of the company a few months ago, I was made aware of the provisions of a possible ban on the transmission of tokens, but do not bother to seek clarification or to challenge any points. As suggested by Castel, Telegram cannot guarantee that the Gram buyers outside the USA will not sell tokens to American investors.
#TON #courts
Translated using Yandex.API
Judge for the southern district of new York Kevin castle otklonil the request Telegram the lifting of the temporary ban on the issuance of tokens Gram for non-us investors. It is not convinced by the assurances of the defendant that the coins will not fall into the hands of US residents on the secondary market.
The judge noted that the lawyers of the company a few months ago, I was made aware of the provisions of a possible ban on the transmission of tokens, but do not bother to seek clarification or to challenge any points. As suggested by Castel, Telegram cannot guarantee that the Gram buyers outside the USA will not sell tokens to American investors.
#TON #courts
Translated using Yandex.API