The US Securities and Exchange Commission (SEC) has announced the new names of investors of the Telegram Open Network blockchain project. CoinDesk reported it.
To the previously well-known participants of the $ 1.7 billion TON token sale, among others, billionaire Roman Abramovich and former Minister for the Coordination of the Open Government, Mikhail Abyzov, were added. They acquired tokens through offshore funds.
The new documents were disclosed as an appendix to the expert report of the University of Oregon professor Stephen McKeon, who was hired by Telegram to prepare an analysis of the blockchain project. The report was filed with the District Court of the Southern District of New York in January, but did not receive due attention. It is accompanied by many applications, including the “List of potential validators at the launch stage (second round buyers)”.
The second round ended in March 2018 and brought Telegram another $ 850 million in addition to the same amount collected earlier. The names of the participants were kept secret, and investors were forbidden to speak publicly about their investments.
The list includes Norma Investments Limited, owned by Roman Abramovich, who invested $ 10 million in the second round. Rumors about Abramovich’s participation in the TON ICO have been around since the end of the first round, but he himself never commented on this information.
The Larnabel Ventures fund, controlled by the family of billionaire Mikhail Gutseriev, is also indicated as a participant in the second round. He acquired $ 15 million Gram tokens.
Another participating fund, Batios Holdings Limited, is managed by Mikhail Abyzov, according to the SEC database. Abyzov was arrested in late March 2019 on suspicion of fraud. He ended his career in government in May 2018, that is, after the end of the Telegram ICO.
In addition, Jan Marsalek, CEO of Wirecard, a German payment service, was included in the list. He invested $ 7 million. Last year, Wirecard entered into a partnership with TON Labs to "develop joint digital financial services, payments and a banking platform."
Earlier it was reported that Qiwi CEO Sergey Solonin and Wimm-Bill-Dann founder David Yakobashvili became participants in the ICO TON. According to publicly available statements, they invested $ 17 million and $ 10 million, respectively. However, McKeon’s documents say that Yakobashvili could invest $ 50 million. This makes him one of the largest participants in the entire campaign.
SEC and Telegram met in court on February 19. As a result of the meeting, the judge promised to make a decision by April 30 - the date by which TON investors agreed to wait for the project to start without requiring a refund.