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Telegram abandons billion-dollar blockchain project amid SEC probe

Home News (Image credit: Shutterstock) Telegram founder Pavel Durov has announced that the company's billion-dollar TON blockchain platform has been called off due to the company’s ongoing legal tussle with the US Securities and Exchange Commission (SEC).Telegram’s plan hit a wall after the SEC won a preliminary injunction in a US court against the two-and-a-half-year-old…