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Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Messaging app Telegram postponed the launch of its TON blockchain on Wednesday, triggering a costly clawback clause in its agreement with investors.

Updated May 9, 2023, 3:08 a.m. Published Apr 30, 2020, 4:37 a.m.
Telegram CEO Pavel Durov
Telegram CEO Pavel Durov