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Telegram to pay SEC fine of $18.5 million and return $1.2 billion to investors as it dissolves TON

Mimi Sabreena 8:29:00 AM Business

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Pavel Durov’s grand cryptocurrency dreams for his Telegram messaging service are ending with a $18.5 million civil settlement with the US Securities and Exchange Commission and a pledge to return the more than $1.2 billion that investors had put into its TON digital token. The settlement ends a months long legal battle between the company …

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