Telegram Postponed TON Launch, Investors Gets an Option for Refund
After mislaid it’s April 30 beeline to introduce TON, the telegram has tender it’s investors an instant 72% refund or 110% in one year.
Recruited messaging plan Telegram appears to have received a United States court pronouncement that the company can not circulate it’s Grams tokens or TON product launching until the misunderstanding has been resolved.
As Telegram misout it’s limit to begin TON by April 30, a return deal means that investors can now apply for refunds.
However, while offering an instant return of 72% of investors upright, the policy is giving replacements of 110% on April 30, 2021. Investors who choose to trust the loan may be able to reduce their stake for crypto assets in the future.
Telegram Detain TON Launch Again
In a letter dated April 30, Telegram said that it will matter Grams by April 30 ” in light of the recent U.S. district court decision.”
While the policy is implementing it’s an assurance to retreat investments at 72 Cents on the dollar, Telegram has announced another choice investors to ” loan ” their stake to the policy for 12 months in exchange for a refund at 110 cents on the dollar on April 30, 2021, the letter states :
“As a token of gratitude for your trust in TON, we are also offering you an alternative option to receive 110% of your original investment by April 30, 2021, which is 53% higher than the Termination Amount.”
The document adds:
“Detailed documents describing this option, including a loan agreement, will be provided shortly to those who express interest”
Telegram clears that it will resume to busy regulators related TON and it’s tokens, considered that investors may be supported with the choice of receiving Grams or a different cryptocurrency if they are approved to do so
“Purchasers who opted for the loan will have the further option to receive Grams or potentially another cryptocurrency on the same terms as those in their original Purchase Agreements.”
Investors have been asked to submit which refund plan they have chosen by the end of this week.
