Telegram Denied: Court Sides With SEC, Grants Injunction Against Issuing GRAMs

Cointelegraph

Published Mar 24, 2020 06:25PM ET

Updated Mar 24, 2020 08:00PM ET

A United States District Court has granted an injunction against Telegram, preventing the company from issuing its GRAM tokens at the present time.

Per a March 24 filing granting the Securities and Exchange Commission’s request for a preliminary injunction, the Court wrote that:

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