Telegram asks court to dismiss SEC accusations

Telegram has filed a suit in New York, asking a judge to dismiss the SEC accusations against it for “selling unregistered securities” and foiling its long planned ICO. The main claim of Telegram is that the SEC has failed to provide fair and clear guidance and was just declaring any kind of token sale illegal. Telegram has a good point in its case but it may not be enough for the judge to rule against the SEC.

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