Analytics / Forex and Crypto News
The TON project team is forced to postpone the launch of the TON blockchain and the Gram cryptocurrency. This decision is caused by a court decision. The US SEC was able to achieve the suspension of the Telegram ICO in court. The SEC accuses the Durov team of not having registered their token as a security, and this is required by US law.
This court decision was not a disaster for the project. The developers decided to postpone the launch of the project, and investors reacted to this decision with understanding. The team of major investors will announce its decision on October 24. But now it’s already known that the vast majority of investors involved in financing the Telegram cryptocurrency project agreed to postpone the release date of the TON blockchain network and the Gram coin, and will not demand a refund of their money and is ready to wait for the token to be released in the spring of 2020.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov