P. Durov Called to Testify in SEC vs Telegram Case

To testify, Durov will choose the date of January 7 or 8, 2020 and the address agreed by the participants in the process
26 November 2019   292

Telegram founder Pavel Durov and two company employees must come to testify during the current trial with the US Securities and Exchange Commission (SEC), CoinDesk writes referring to a document signed on November 25 by Judge Peter Kevin Castel of the New York Southern District Court. .

According to the document, to testify, Durov will choose the date of January 7 or 8, 2020 and the address agreed by the participants in the process. The main meeting at which the legal status of the Gram token will be decided is still scheduled for late February.

Also on December 16 in London, testimony should be given by Telegram Vice President Ilya Perekopsky, presumably responsible for contacts with investors during tokensales. The third person called to pre-testify on December 10 in London is Syam Pareh, a Telegram employee, whose name is indicated in the documents for investors.

BTSE to Launch Tokensale On Liquid Bitcoin Sidechain

BTSE offers spot and futures trading, loans and debit cards, and an OTC platform, it also has a joint mining venture with Blockstream
10 December 2019   96

BTSE exchange will hold a token sale on the Blockstream Liquid Bitcoin sidechain. The site intends to raise $ 50 million.

The minimum investment will be $ 150 thousand, The Block reported.

BTSE offers spot and futures trading, loans and debit cards, as well as an OTC platform. The exchange has a joint mining venture with Blockstream.

In 2020, BTSE intends to earn $ 103 million, and by the end of 2021, monthly volumes should reach $ 70 billion.

In the first three months after the token sale, the exchange will redeem tokens. She plans to burn 100 million coins and leave 100 million in the market.

Private token sale started back in October. The completion of the three-round campaign is scheduled for February 2020.