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U.S. SEC halts Telegram's $1.7 billion digital token offering

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NEW YORK (Reuters) - U.S. authorities said on Friday they have halted a $1.7 billion (1.34 billion pounds) unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary.The Securities and Exchange Commission said it had received a temporary restraining order against the two offshore entities, which the regulator said had failed to register to sell..
Date Published: Oct 11, 2019
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