06 Jan Hodler’s Digest, Dec. 30–Jan. 5
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
SEC on “unfounded fishing expedition,” Telegram lawyers tell judge
Telegram’s lawyers haven’t had a quiet start to 2020. A judge gave them less than a single business day to respond to a request from the United States Securities and Exchange Commission to hand over details of how the company spent the proceeds of its $1.7 billion initial coin offering. In reply, the lawyers called for the court to throw out the regulator’s demands — insisting the “voluminous and highly sensitive bank records” have little relevance to the case in question. All eyes are now on Judge P. Kevin Castel in New York, who will decide whether Telegram has to disclose the information. The long-running legal…
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