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Wednesday, 11 December 2019

Telegram exec should testify in UK over alleged illegal token sales, says US judge


A US court has asked a UK judge to depose John Hyman, Telegram’s chief investment officer, to testify in relation to the company’s token sale, CoinDesk reports. It comes after the Security and Exchange Commission requested Hyman’s testimony — as well as several documents relating to his fundraising work for Telegram’s blockchain project TON — last week. The request asked the High Court of England and Wales to let Hyman “appear before an examiner or other appropriate judicial authority in England and Wales” for a deposition. The move marks the latest development in the SEC ongoing case to impede the launch…

This story continues at The Next Web