Telegram Agrees to Return $1.2B to Investors and Pay $18.5M Civil Penalty

Telegram Group has agreed to return $1.2 billion to investors, as well as to pay a $18.5 million civil penalty to settle charges over an unregistered offering of digital tokens known as “Grams”, according to the U.S. Securities and Exchange Commission (SEC). The SEC sued Telegram back in October 2019 and blocked its $1.7 billion...