Telegram Courtroom Saga With the SEC Comes to a $1.2 Billion End 

Judge favors last judgment in Telegram case; firm will return $1.2 billion to speculators. 

On June 26, Judge Kevin Castel marked the last judgment in the SEC v. Telegram case, which will require Telegram take care of $1.2 billion to financial specialists in their ICO for the bombed Telegram Open Network. 

Cointelegraph covered the last judgment proposed yesterday. What has changed is the endorsement of the court, stopping a legitimate dramatization that started with the SEC requesting a stop to Telegram's approaching dispersion of GRAM tokens. 

Per the SEC's declaration on the present endorsement: 

"New and imaginative organizations are free to take an interest in our capital markets however they can't do as such infringing upon the enlistment necessities of the government protections laws." 

How precisely Telegram or some other potential ICO guarantor could conciliate the SEC now stays an open and much-talked about inquiry.

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