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Posted on by BitcoinInfo.com

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Messaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April 2021 and triggering a costly clawback clause in its agreement with token-sale investors. According to a letter to investors obtained by CoinDesk, Telegram is offering to return up to 72% of each investor’s stake.








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