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Felicia Tan
December 11 14:36

Telegram's blockchain project investors named

Telegram planned to launch the blockchain platform TON and purchase Gram's cryptocurrency in October this year, for which the company raised US$1.7 million
Coindesk reported that the information came from correspondence between former Telegram investment advisor John Hyman and the company's employees and investors. This conversation was referred to the U.S. Securities and Exchange Commission (SEC) in the District Court of New York. 
The correspondence contains information about the investors of ICO Telegram, which included: the U.S. fund Kleiner Perkins, the Chinese division of Lightspeed Ventures, FBG Capital, they invested US$30 million, US$25 million and US$10 million, respectively. Another US$12 million was raised through the California fund Elysium Ventures. Large private investors such as former Michael Kors brand owner and billionaire Silas Chow, founder of WordPress Matt Mullenweg, co-founder of Foursquare Navin Selvadurai, co-founder and CEO of the Yelp Feedback site Jeremy Stopepelman, former editor-in-chief of TechCrunch Alexey Bonatosos, invested in this amount. The entire amount collected has been raised through the sale of tokens since January 2018. 
According to the SEC, a total of 171 investors purchased tokens, 39 of which came from the United States. In the same correspondence John Hyman noted: " there are many applications from Russia and the CIS, quite a lot from Israel and Paul's fan club ".  After studying other letters, there was information about Telegram's cooperation with BNY Mellon and Credit Suisse banks to carry out transactions. Sergey Solonin, co-founder of Qiwi, and David Yakobashvili, founder of Wimm-Bill-Danna, spoke publicly about investing in Telegram.
Due to SEC claims, the launch of the blockchain platform TON and Gram was postponed from the planned date (October 31, 2019) to April 2020. The commission obtained a temporary ban from the court on the sale of Gram, as it believes that such a transaction should be registered as a securities transaction. Instead, the company did not disclose any information. The meeting on this case will be held on February 18-19, 2020.