According to Coindesk, the subpoena was also received by Telegram Vice President Ilya Perekopsky and company employee Shyam Parekh.
In October, it was reported that the US Securities and Exchange Commission (SEC) filed a lawsuit in a Manhattan court to suspend the unregistered initial public offering of tokens (ICOs) of Telegram Group Inc. and TON Issuer Inc. worth $ 1.7 billion
The publication explains that Telegram, in turn, denied the allegations and stated that the turnover of the Gram cryptocurrency is legal, as it is “just a currency or a commodity” and not a security. The company asked the court to withdraw all charges of the American commission.
The Telegram v. SEC hearing is scheduled for February 18-19, 2020.