Telegram’s legal struggle with SEC has become one of the hottest topics in the crypto industry today. Telegram’s legal struggle with SEC The crypto industry was in a frenzy after Facebook’s announcement of launching Libra in 2019. The move was soon followed by the unveiling of China’s central bank digital currency (CBDC). Telegram revealed its own Telegram Open Network or TON blockchain that was powered by its native crypto, Gram. The network aimed to be the first token-backed product for mainstream use. The project soon gained attention as it garnered funding of 1.7 billion dollars through a sales round conducted