October 24, 2019 Telegram investors opt to postpone TON’s launch, rejecting refund offer.

A majority of Telegram’s TON blockchain investors agreed to push the deadline for network launch to April 30th, 2020, rather than receive a ~77% refund option. Telegram sent investors the offer a week after the SEC halted the network’s token sale on grounds that the gram token is a security. Hearings in the Telegram-SEC have been postponed till February 18–19, 2020.