Telegram Takes Alleged Trademark Squatter to Court over Cryptocurrency Naming Rights

Encrypted messaging company Telegram has filed a trademark suit against a Florida company that also intends to create a cryptocurrency named “gram.” The suit, which was filed on May 11 in the San Francisco branch of the US District Court for the Northern District of California, alleges that Lantah LLC violated Telegram’s service mark rights The post Telegram Takes Alleged Trademark Squatter to Court over Cryptocurrency Naming Rights appeared first on CCN

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Money Pit? Telegram ICO Hits $1.7 Billion After 2nd Funding Round

The Telegram ICO has now raised a total of at least $1.7 billion, public documents show. According to offering documents filed with the US Securities and Exchange Commission (SEC) and dated March 29, the second round of Telegram’s much-hyped initial coin offering (ICO) raised $850 million in a sale that began on March 14. The The post Money Pit? Telegram ICO Hits $1.7 Billion After 2nd Funding Round appeared first on CCN

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