RATE Group | Cryptocurrency News Today – Headlines for April 30
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Cryptocurrency News Today – Headlines for April 30

Cryptocurrency News Today – Headlines for April 30

  • Telegram to Postpone TON Blockchain Launch For the Second Time
  • The Network Pushes the Launch Date To April 2021
  • Investors Have an Option of Pulling Their Funds or Waiting For a Year

Cryptocurrency News Today – Telegram has announced the postponement of its TON blockchain until April 2021. The messaging platform has shifted the launch date for the blockchain for the second time in a row. The company has also offered 72% of individual investor’s stake or an option of 110% of the investment by April 2021.

Telegram Gave into Pressure from SEC

The messaging network has battled with the U.S Securities and Exchange Commission for a while now before bowing to pressure. TON investors received a letter that explained the terms of the company.

It means that Telegram is offering to give back 72% of each stake if the investor chooses to terminate the original deal. Investors can also opt to wait for one year and receive 110% of their first investment.

The letter stated,

As a token of gratitude…

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