Telegram to pay $27m penalty, return investor money

By
Follow google news

To resolve charges over an unregistered digital token coin offering.

Telegram to pay $27m penalty, return investor money
Telegram Group has agreed to return US$1.2 billion (A$1.74 billion) to investors and pay an US$18.5 million (A$26.9 million) civil penalty to resolve charges over an unregistered digital token coin offering, the US Securities and Exchange Commission (SEC) said. The regulator in October halted a ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Westpac factors post-quantum cryptography prep into "secure router" rollout

Westpac factors post-quantum cryptography prep into "secure router" rollout

NAB hits milestone with tech role insourcing

NAB hits milestone with tech role insourcing

Teachers Mutual Bank automates KYC across brands

Teachers Mutual Bank automates KYC across brands

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Log In

  |  Forgot your password?