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Author Topic: SEC blocks Telegram with its $1.7 Billion token sale  (Read 706 times)
3DBrushes
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November 04, 2019, 05:25:09 PM
 #61

Whatever $1.7 billion for an ICO that too for a simple project like ton is definately very high. This won't give much profit to investors. Even though it has a good brand name telegram. But it won't be enough for convincing someone to shell out so much money. There are many investors in US but SEC blocking will hit it very bad.

 
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November 04, 2019, 06:49:30 PM
 #62


What concessions will they have to make in order to satisfy what the SEC wants? They can plan and make progress all they want but they should ensure they do not do anything unless they come to a deal with the SEC.

There is no doubt the SEC seem to be over cautious about this token sale but it was never fully understood why no matter what they stated about looking after US citizens and ensuring things happened in a proper legal manner.

they will get certified, no matter when, but they will
max will be they enter us market with a little delay


Whatever $1.7 billion for an ICO that too for a simple project like ton is definately very high. This won't give much profit to investors. Even though it has a good brand name telegram. But it won't be enough for convincing someone to shell out so much money. There are many investors in US but SEC blocking will hit it very bad.
how much info have you gathered about TON? its not a simply crypto and like libra it has already a huge market; thanks to their messenger service which has been very welcomed by crypto world
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November 04, 2019, 07:31:11 PM
 #63

Whatever $1.7 billion for an ICO that too for a simple project like ton is definately very high. This won't give much profit to investors. Even though it has a good brand name telegram. But it won't be enough for convincing someone to shell out so much money. There are many investors in US but SEC blocking will hit it very bad.
Why do you think that TON is a simple project? They claim to achieve TPS rate like Visa or Mastercard have while maintaining decentralization.
But as we can see, it is really decentralized when SEC prohibited further activity?

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