The U.S Security and exchange commission has continued with its job to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The body has also been regulating the security market by identifying illegal and unregistered ICO marketers.
one of the most recent battles SEC is fighting in court is against Telegram. Telegram’s legal struggle with SEC has become one of the hottest topics in the crypto industry today.
SEC and Telegram currently tussle
a case of Telegram not registering the sale of Gram tokens as security with the agency and gaining funding of 1.7 billion dollars through a sales round conducted in February 2018.