Court extends delays to Telegram's blockchain network pending ruling
Following a two-hour hearing, a New York federal judge today extended an emergency restraining order that prevents Telegram from distributing Grams, the native currency for its upcoming blockchain network. Telegram agreed to hold off pending the court’s ruling on the SEC’s request for a preliminary injunction. Telegram’s attorney, however, maintained that it is the firm’s intention to promote the development of the TON blockchain and see Gram tokens become a “new mass-market cryptocurrency” on...
