Ukrainian businessman sued for fraud cryptocurrency Gram for $159 million
A group of investors (among them are companies from the Marshall Islands, United Arab Emirates and Liechtenstein) the lawsuit claims that the doctor convinced them to invest $15 million in cryptocurrency Gram, which intends to release the messenger Telegram Pavel Durov.
The money received Aluxes Holdings, which was to buy the tokens and hold cryptocurrency on behalf of the investors. The plaintiffs said that the doctor had deceived them, saying that he is not interested in investing in the Gram, and Aluxes will act just as an investment Fund. In fact, says the lawsuit, Korotkov had intended to assign bought with the investors ' money tokens. Investors claimed damages of $159 million — 10 times more than they invested.
The case against Valery Korotkov considers arbitration court of the UK. The suit was filed on 7 November.
forbes.ru/newsroom/biznes/388459-na-ukrainskogo-biznesmena-podali-v-sud-za-moshennichestvo-s-kriptovalyutoy
#gram #courts
A group of investors (among them are companies from the Marshall Islands, United Arab Emirates and Liechtenstein) the lawsuit claims that the doctor convinced them to invest $15 million in cryptocurrency Gram, which intends to release the messenger Telegram Pavel Durov.
The money received Aluxes Holdings, which was to buy the tokens and hold cryptocurrency on behalf of the investors. The plaintiffs said that the doctor had deceived them, saying that he is not interested in investing in the Gram, and Aluxes will act just as an investment Fund. In fact, says the lawsuit, Korotkov had intended to assign bought with the investors ' money tokens. Investors claimed damages of $159 million — 10 times more than they invested.
The case against Valery Korotkov considers arbitration court of the UK. The suit was filed on 7 November.
forbes.ru/newsroom/biznes/388459-na-ukrainskogo-biznesmena-podali-v-sud-za-moshennichestvo-s-kriptovalyutoy
#gram #courts
Forbes.ru
На украинского бизнесмена подали в суд за мошенничество с криптовалютой Gram на $159 млн
Группа инвесторов подала в суд на украинского бизнесмена Валерия Короткова: истцы утверждают, что он обманул их с вложением в криптовалюту Gram, которую готовит к выпуску Telegram. Инвесторы заявили ущерб в $159 млн — в 10 раз больше, чем они вложили
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Telegram launched the second stage of the blockchain contest
Dates: 7 Dec - 22 Dec 2019.
Prizes: $100,000 will be distributed among the winners (+additional $100,000 will be subject to certain conditions).
Who can take part: 41 winners of the 1st stage.
Criteria to identify the winners:
1) The validity and efficiency of your code
2) The potential demand for your service from a consumer standpoint.
More information can be found in the publication of the contest.
#contest #blockchain
Dates: 7 Dec - 22 Dec 2019.
Prizes: $100,000 will be distributed among the winners (+additional $100,000 will be subject to certain conditions).
Who can take part: 41 winners of the 1st stage.
Criteria to identify the winners:
1) The validity and efficiency of your code
2) The potential demand for your service from a consumer standpoint.
More information can be found in the publication of the contest.
#contest #blockchain
👍2
New details from John Hyman, the former investment Advisor to the Telegram
Today from the correspondence of John Hyman, the U.S. district court received information about the project investors, in addition it turned out that the Telegram received funds from investors through banks BNY Mellon and Credit Suisse.
The names of some private investors, invest in a TON through the California Foundation Elysium Ventures:
A Hong Kong billionaire, former owner of the brands Tommy Hilfiger and Michael Kors, Silas Chu
The Creator Of WordPress Matt Mullenweg;
Co-Founder Of Foursquare Naveen Selvadurai
Co-founder and CEO of review site Yelp Jeremy Stoppelman
Former chief-editor of TechCrunch, Alexia Bonatsos
John Hyman in correspondence described the range of investors ICO TON so: "a lot of applications from Russia and CIS countries, quite a lot from Israel and a fan club of Paul."
https://thebell.io/v-chisle-investorov-telegram-okazalis-osnovatel-foursquare-i-eks-vladelets-michael-kors
Translated using Yandex.API
Today from the correspondence of John Hyman, the U.S. district court received information about the project investors, in addition it turned out that the Telegram received funds from investors through banks BNY Mellon and Credit Suisse.
The names of some private investors, invest in a TON through the California Foundation Elysium Ventures:
A Hong Kong billionaire, former owner of the brands Tommy Hilfiger and Michael Kors, Silas Chu
The Creator Of WordPress Matt Mullenweg;
Co-Founder Of Foursquare Naveen Selvadurai
Co-founder and CEO of review site Yelp Jeremy Stoppelman
Former chief-editor of TechCrunch, Alexia Bonatsos
John Hyman in correspondence described the range of investors ICO TON so: "a lot of applications from Russia and CIS countries, quite a lot from Israel and a fan club of Paul."
https://thebell.io/v-chisle-investorov-telegram-okazalis-osnovatel-foursquare-i-eks-vladelets-michael-kors
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The Bell
В числе инвесторов Telegram оказались основатель Foursquare и экс-владелец Michael Kors
Сегодня из переписки бывшего советника по инвестициям в Telegram Джона Хаймана окружной суд США получил информацию об инвесторах проекта. Из переписки также выяснилось, что Telegram получал средства от инвесторов через банки BNY Mellon и Credit Suisse — до…
"Fucking genius", Jared Leto and investors from the "fan club": what else was known about the ICO Telegram from Durov letters and ex-Advisor
How Jared Leto "brought" in the mail of Pavel Durov with Mamoon Hamid:
"It is with great pleasure to introduce to each other two people to whom I treat with the respect, and looking forward to a great deal. Paul, meet Mamun, one of the smartest investors in the Valley and just a great guy. He's a lot like you. Creative troublemaker, which specifies all the heat and doing it with dignity and sincerity. He's also a big fan of your work. Mamun, as you know, Paul, the legendary founder and General fucking genius. You two should know each other!!!"
https://www.forbes.ru/tehnologii/389175-grebanyy-geniy-dzhared-leto-i-investory-iz-fan-kluba-chto-stalo-izvestno-ob-ico
Translated using Yandex.API
How Jared Leto "brought" in the mail of Pavel Durov with Mamoon Hamid:
"It is with great pleasure to introduce to each other two people to whom I treat with the respect, and looking forward to a great deal. Paul, meet Mamun, one of the smartest investors in the Valley and just a great guy. He's a lot like you. Creative troublemaker, which specifies all the heat and doing it with dignity and sincerity. He's also a big fan of your work. Mamun, as you know, Paul, the legendary founder and General fucking genius. You two should know each other!!!"
https://www.forbes.ru/tehnologii/389175-grebanyy-geniy-dzhared-leto-i-investory-iz-fan-kluba-chto-stalo-izvestno-ob-ico
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SEC-v.-Telegram-Group-and-TON-Issuer.pdf
6.2 MB
All documents for SEC's Telegram court case.
More about the technology works TON
The team that became the first validator in the network after a TON of developers, talks about the details of the network and about how easy it is to become a validator.
https://m.habr.com/ru/company/mercuryo/blog/479354/
Translated using Yandex.API
The team that became the first validator in the network after a TON of developers, talks about the details of the network and about how easy it is to become a validator.
https://m.habr.com/ru/company/mercuryo/blog/479354/
Translated using Yandex.API
Telegram refuses to share financial data with the SEC ICO
"At the present time, the defendants refuse to disclose financial information about how they spent $1.7 billion raised from investors in the last two years, as well as answer questions about the distribution of these funds", — stated in the filed SEC court documents.
The request also States that the plaintiff intends to "compel the defendant to answer questions and provide documents concerning the amounts, sources of funds and their use in connection with the sale of unregistered securities".
"The requested documents are very important for the proceedings in the case, which includes questions about the amount spent Telegram funds for the development of the blockchain TON preparing for integration of the app Telegram Messenger, and other related components", — is spoken in documents of the Agency.
financemagnates.com/cryptocurrency/news/telegram-refuses-to-share-ico-financials-with-the-sec
Translated using Yandex.API
"At the present time, the defendants refuse to disclose financial information about how they spent $1.7 billion raised from investors in the last two years, as well as answer questions about the distribution of these funds", — stated in the filed SEC court documents.
The request also States that the plaintiff intends to "compel the defendant to answer questions and provide documents concerning the amounts, sources of funds and their use in connection with the sale of unregistered securities".
"The requested documents are very important for the proceedings in the case, which includes questions about the amount spent Telegram funds for the development of the blockchain TON preparing for integration of the app Telegram Messenger, and other related components", — is spoken in documents of the Agency.
financemagnates.com/cryptocurrency/news/telegram-refuses-to-share-ico-financials-with-the-sec
Translated using Yandex.API
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Representatives of the Telegram noted that previously provided the Commission with a large volume of information concerning these transactions. The collection of additional information would be too burdensome for protection, say the lawyers. The petition included a detailed correspondence between the parties relating to the discussion of this issue.
https://tass.ru/obschestvo/7467315
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https://tass.ru/obschestvo/7467315
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Forwarded from Telegram Info English
Telegram posted on his blog a public statement associated with bloccano TON and currency Gram
Collected from the main article on our website: tginfo.me/ton-gram-notice-en
#TON #Crypt
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Collected from the main article on our website: tginfo.me/ton-gram-notice-en
#TON #Crypt
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Telegram Info
The main thing from Telegram's public statement about TON Blockch
TON Blockchain is still in beta testing. No one, at the moment, can buy or sell Gram. Gram does not exist yet, no one can buy them before we announce the launch of TON Blockchain. Don't be fooled
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Full translations article from the blog of Telegram about a TON.
original
#TON #Crypt
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original
#TON #Crypt
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Telegram Info
Блокчейн TON и криптовалюта Gram
Наверняка вы уже слышали, что с 2017 года команда Telegram разрабатывает новую блокчейн-платформу TON и собственную криптовалюту Gram. Мы надеемся, что в результате этого проекта Gram станет дополнением к традиционным валютами, улучшая скорость, эффективность…
The New York Southern District Court has rejected the Securities and Exchange Commission’s (SEC) attempt to get complete bank records from Telegram related to its token sales.
FinanceFeeds reported the news Tuesday, saying that the court held a telephone conference with the parties on Monday and Judge P. Kevin Castel signed an order denying without prejudice SEC’s letter motion to compel.
There is, however, an option that the SEC will get access to at least some of the requested information, per the report. Telegram reportedly has time until Jan. 9 to declare a proposed schedule for a review of the requested bank records to ensure that the production of such records complies with foreign data privacy laws.
theblockcrypto.com/post/52246/court-rejects-secs-attempt-to-compel-telegram-to-share-full-bank-records-related-to-its-token-sales
FinanceFeeds reported the news Tuesday, saying that the court held a telephone conference with the parties on Monday and Judge P. Kevin Castel signed an order denying without prejudice SEC’s letter motion to compel.
There is, however, an option that the SEC will get access to at least some of the requested information, per the report. Telegram reportedly has time until Jan. 9 to declare a proposed schedule for a review of the requested bank records to ensure that the production of such records complies with foreign data privacy laws.
theblockcrypto.com/post/52246/court-rejects-secs-attempt-to-compel-telegram-to-share-full-bank-records-related-to-its-token-sales
The Block
Court order slows down SEC bid to obtain Telegram banking records tied to token sale
The New York Southern District Court denied without prejudice the Securities and Exchange Commission’s (SEC) emergency request to get complete bank
A month ago the bot @test_ton_bot was refilled the last time. The previous replenishment of the bot dismantled in a few days. This time everything turned out differently.
If in November and early December bot average dismantled for 11 000 Gram per hour, while now the figure has dropped to 100 Gram per hour. That is a drop of more than 100 times. Why it happened. 7 Dec bot banned many of those who asked of him Grama. The user was given the message: "Sorry. Your account is not eligible for Test Grams".
On 18 December, the number of issued Gram fallen more than 10 times. Now for a week bot gives only 15 000 Gram.
With the pace of the bot will have enough available coins to give them more than two months.
Translated using Yandex.API
If in November and early December bot average dismantled for 11 000 Gram per hour, while now the figure has dropped to 100 Gram per hour. That is a drop of more than 100 times. Why it happened. 7 Dec bot banned many of those who asked of him Grama. The user was given the message: "Sorry. Your account is not eligible for Test Grams".
On 18 December, the number of issued Gram fallen more than 10 times. Now for a week bot gives only 15 000 Gram.
With the pace of the bot will have enough available coins to give them more than two months.
Translated using Yandex.API
Have you ever gotten any Grams from @test_ton_bot?
Anonymous Poll
27%
Yes, and am still getting them
9%
Blocked before Dec 7
14%
Blocked after Dec 7
50%
I have never used this bot
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7-8 January Telegram founder Pavel Durov had to testify in court in the case of Telegram from Dubai. "Vedomosti" claim the actor gave testimony, but the materials from this meeting are not made public. The court will consider the case of Telegram in February 2020.
Translated using Yandex.API
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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
SEC has provided evidence of the sale of token-Telegram after expiry of $1.7 billion. ICO
Commission at the securities and exchange Commission (SEC) on Friday filed new documents against the Telegram, according to which the company was engaged in the sale of tokens after the end of ICO. Thus, the regulator seeks to prove that the application Telegram is no longer necessary in compliance with the requirements for the registration proposal is not baseless. Investment Fund Da Vinci Capital and the company Gem Limited has requested a reward of $209 783 and $1.1 million, respectively, for "post-sales" agreements for the purchase of tokens, the document says.
The arguments of the SEC in the case that the rule D Telegram measures must be taken, so that buyers did not sell securities for a Commission.
According to the regulator, companies that billed Telegram, violated this rule. In turn, the Telegram denies it, claiming that the fee was a fee for the search of funds for non-us individuals and legal entities for the provision of Gram to other investors.
In October last year, the SEC filed a lawsuit against the Telegram, demanding to cancel the launch of the TON. The next meeting in court between the parties to the case will be held on 18-19 February 2020.
coindesk.com/sec-produces-evidence-that-telegram-kept-selling-tokens-after-1-7b-ico
#TON #crypt #courts
Translated using Yandex.API
Commission at the securities and exchange Commission (SEC) on Friday filed new documents against the Telegram, according to which the company was engaged in the sale of tokens after the end of ICO. Thus, the regulator seeks to prove that the application Telegram is no longer necessary in compliance with the requirements for the registration proposal is not baseless. Investment Fund Da Vinci Capital and the company Gem Limited has requested a reward of $209 783 and $1.1 million, respectively, for "post-sales" agreements for the purchase of tokens, the document says.
The arguments of the SEC in the case that the rule D Telegram measures must be taken, so that buyers did not sell securities for a Commission.
According to the regulator, companies that billed Telegram, violated this rule. In turn, the Telegram denies it, claiming that the fee was a fee for the search of funds for non-us individuals and legal entities for the provision of Gram to other investors.
In October last year, the SEC filed a lawsuit against the Telegram, demanding to cancel the launch of the TON. The next meeting in court between the parties to the case will be held on 18-19 February 2020.
coindesk.com/sec-produces-evidence-that-telegram-kept-selling-tokens-after-1-7b-ico
#TON #crypt #courts
Translated using Yandex.API
the court ordered the Telegram to disclose financial information on ICO project TON
Court for the southern district of new York ordered the company Telegram to disclose the Bank's records until February 26. The decision was made by the same judge who a few days before refused a Fee at the securities and exchange Commission (SEC) requirement to provide financial information about the project TON, according to Finance Magnets.
"Telegram does not even mention the names of countries whose laws may apply, and does not refer to any specific data privacy laws", — said the Agency.
Earlier in the SEC called the requested documents was a "very important" to the proceedings.
Translated using Yandex.API
Court for the southern district of new York ordered the company Telegram to disclose the Bank's records until February 26. The decision was made by the same judge who a few days before refused a Fee at the securities and exchange Commission (SEC) requirement to provide financial information about the project TON, according to Finance Magnets.
"Telegram does not even mention the names of countries whose laws may apply, and does not refer to any specific data privacy laws", — said the Agency.
Earlier in the SEC called the requested documents was a "very important" to the proceedings.
Translated using Yandex.API
Finance Magnates
NY Court Orders Telegram to Reveal Its ICO Bank Records
According to a court order dated Monday, federal judge Kevin Castel ordered encrypted messaging app Telegram to disclose bank records by February 26.
Exchange Liquid returns money to users who have purchased Gram
The users who purchased tokens at the exchange Liquid, today I received an email from the site in which it was reported that the sale of tokens Gram in Liquid were cancelled and that all money held in the guarantee Deposit Liquid returned to the user uchastvovali in IEO.
The website of the company Gram Asia, which provided token-exchange Liquid, closed with a message that the refund for the tokens Gram completed.
https://cryptonomist.ch/2020/01/15/liquid-cancella-token-sale-gram/amp/
#Ton #crypt
Translated using Yandex.API
The users who purchased tokens at the exchange Liquid, today I received an email from the site in which it was reported that the sale of tokens Gram in Liquid were cancelled and that all money held in the guarantee Deposit Liquid returned to the user uchastvovali in IEO.
The website of the company Gram Asia, which provided token-exchange Liquid, closed with a message that the refund for the tokens Gram completed.
https://cryptonomist.ch/2020/01/15/liquid-cancella-token-sale-gram/amp/
#Ton #crypt
Translated using Yandex.API
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.
And the main question: is Gram securities and, as a consequence, whether it's legislation on securities.
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.
And the main question: is Gram securities and, as a consequence, whether it's legislation on securities.
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
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