The lawyer sent a Telegram letter to the US court in which he responded to claims by the SEC, and indicated that the SEC incorrectly interpreted the law and history, and noticed that the company has the authority to clarify the scope of the injunction, citing examples of candidates in American jurisprudence.

Telegram claims that the preliminary injunction could not apply to agreements with foreign investors, who are outside the United States, as attracted by a foreign Issuer, the foreign investor, and acts of foreign law.

The securities laws may not apply to these transactions. Claiming the opposite, the SEC is seeking improperly to spread Federal securities laws for foreign transactions, where the only conceivable connection to the US is the probability that the instruments can be purchased by buyers in the United States in the future.

In accordance with the prohibitions Telegram acknowledges the ban on the delivery Gram buyers in the United States.

#courts

Translated using Yandex.API