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TON Labs raises $6M in support of Free TON blockchain

TON Labs raises $6M in support of Free TON blockchain The investment round, which was led by Runa Capital and RTP Global, will go toward funding its decentralized blockchain network. 7886 Total views News TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital.  The funding will go toward building out a new product environment for the Free TON blockchain, which the company describes as the...
New York United States Dmitry Chikhachev Stepan Ivanov Telegram Open Network Dune Network

Da Vinci Capital Investors Seek $100M Compensation from Telegram CEO

Da Vinci Capital Investors Seek $100M Compensation from Telegram CEO Mar 2 2021 · 13:27 UTC | Updated Mar 2 2021 · 13:55 by Kofi Ansah · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Telegram was ordered to halt sales of Gram after it allegedly failed to register an early sale of $1.7 billion in tokens before the launch of its Telegram Open Network. Investors at Da Vinci Capital, a private equity management firm are reportedly demanding compensation fo...
United States Pavel Durov Kofi Ansah Exchange Commission Telegram Open Network Telegram Open

SEC Files $1.3 Billion Lawsuit against XRP Creator Ripple

SEC Files $1.3 Billion Lawsuit against XRP Creator Ripple The US Securities and Exchange Commission alleges that Ripple held an unregistered securities sale. XRP The US Securities and Exchange Commission today filed a lawsuit against Ripple Labs, the company that created XRP, as well as co-founder Christian Larsen and incumbent CEO Brad Garlinghouse. The lawsuit, filed today in a Manhattan court, alleges that Ripple has raised $1.3 billion in unregistered securities offerings since 2013. SEC c...
United States Christian Larsen Brad Garlinghouse Exchange Commission Telegram Open Network Ripple Labs
Source: decrypt.co

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