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Jan. 15, 2020

Cryptocurrency exchange Liquid has announced it has canceled the Gram token sale.

According to the official blog post, users who participated in the Gram token sale will be able to return their funds.

The exchange claims it is obliged to return all money since the TON Mainnet was not launched by 30 November 2019.

Court Orders Telegram to Share Bank Details About ICO

"Every Liquid user that submitted a purchase order for Gram tokens via Liquid will receive an email in the coming days with further details," the exchange said in the official announcement.

Earlier iHodl reported that the U.S. Securities and Exchange Commission (SEC) claimed Telegram sold Gram tokens after completing its ICO.

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