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Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO

Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors.The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of the company in a message sent to the project’s official Telegram group on Nov. 22. “The company no longer

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TON’s ‘Force Majeure’ Clause — Is Telegram About to Refund Investors?

Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC).Just days before the Oct. 16 public token distribution, the SEC dealt

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