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Telegram to pay $27m penalty, return investor money

By Staff Writer

Jun 29 2020 12:14PM

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 ...

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