Telegram Cans Its ICO Plans, but No One Knows Exactly Why

Telegram shocked the world when the company announced its plan to host an initial coin offering. It quickly became apparent this would not be an ICO in the traditional sense, but rather a glorified IPO with a unique token. It now seems the firm has canceled its fundraising plans altogether. The real reason remains unclear, although SEC scrutiny may have been a contributing factor. Telegram is Content With its Private Sale The past few months have been quite interesting for Telegram as a company. After attempting to cash in on the hype surrounding ICOs, things have taken a rather interesting turn all