the SEC said the lack of intrinsic value Gram, comparing tokens with gold and donuts
The Commission on securities and stock exchanges of the USA reiterated that the tokens blockchain-TON platform are securities. The Telegram attempted to call their product a Fee called the desire "to avoid the economic truth."
In the new Memorandum, the SEC notes that Gram has no intrinsic value and they never "are not tangible". The Commission also stressed that the tokens are a TON of the draft "computer code, confirming the right of ownership of the asset":
"Gram — not a commodity. Unlike gold, comics or doughnuts Krispy Kreme products that Telegram compares with Gram — has no intrinsic value. It depends on the efforts of the Telegram on the creation of the blockchain and ecosystem"," — the document says.
https://forklog.com/sec-zayavila-ob-otsutstvii-vnutrennej-tsennosti-gram-sravniv-tokeny-s-zolotom-i-ponchikami/amp/
Translated using Yandex.API
The Commission on securities and stock exchanges of the USA reiterated that the tokens blockchain-TON platform are securities. The Telegram attempted to call their product a Fee called the desire "to avoid the economic truth."
In the new Memorandum, the SEC notes that Gram has no intrinsic value and they never "are not tangible". The Commission also stressed that the tokens are a TON of the draft "computer code, confirming the right of ownership of the asset":
"Gram — not a commodity. Unlike gold, comics or doughnuts Krispy Kreme products that Telegram compares with Gram — has no intrinsic value. It depends on the efforts of the Telegram on the creation of the blockchain and ecosystem"," — the document says.
https://forklog.com/sec-zayavila-ob-otsutstvii-vnutrennej-tsennosti-gram-sravniv-tokeny-s-zolotom-i-ponchikami/amp/
Translated using Yandex.API
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