The blockchain platform of the Durov brothers should be launched on April 30. Otherwise, the founder of Telegram will have to return the money to investors. However, there are rumors among investors that Telegram may not return the money to those who invested in TON and are not US residents.
Probably, it should have been a catch for many investors, but, despite the ban of the American regulator, Durov can launch the cryptocurrency in all countries except the United States. It is the most favorable outcome that could be expected, but investors do not think so. This option was considered earlier, but the probability of its implementation was minimized.
The release of Gram may put investors in an awkward position. The adoption of tokens may violate US laws, which may result in sanctions.
Some people say that it would almost be almost 21st-century piracy. If Durov’s team release Gram, they will formally fulfill their promise and are will not be required to return the money. Durov’s team will violate the US law, and if TON investors “take” Gram tokens, they will become accomplices.
Such a scenario is described only by investors, and Durov’s team does not officially comment on the possible return of money only to American investors.
It should be noted that on March 25, the court of the Southern District of New York granted the SEC petition against Telegram. Then, judge Kevin Castel stated that in the $1.7 billion collected from investors, the court sees unregistered securities.