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SEC v. Telegram (2020): A Landmark Case Defining Token Sales & Securities Law – Legal Commentary by a Crypto Lawyer
The SEC v. Telegram (2020) case remains one of the most influential legal decisions in the blockchain and cryptocurrency industry. As a crypto lawyer, I view this case as a turning point that reshaped how token issuers approach private sales, fundraising structures, and compliance obligations. The ruling delivers a clear message: pre-launch token sales, even…