On Tuesday, the developer Telegram messenger sent a petition to the new York court in which he demanded to reject the suit of the Commission on securities and exchange Commission (SEC), limiting its ability to issue and distribution of tokens Gram blockchain project Telegram Open Network (TON), writes «RIA Novosti».
In support of their claims Telegram brings primarily the same arguments that appeared in earlier documents. So, it indicates that the Gram tokens are not securities, and «currency and/or product», which frees him from the need for an additional registration.
«The plaintiff took a legal position which is contrary to judicial precedent and publicly expressed positions of senior officials, representing the plaintiff,» the document reads.
Separately, the company stressed that the SEC can not achieve «any compensation», «and asks the court to dismiss claims against the defendant with a ban on re-claim and award (the defendant) the compensation that the court deems just.»
The first hearing in the proceedings the SEC with Telegram scheduled for mid-February.