Investors can sue …

Investors can sue Telegram and Pavel Durov after canceling TON

Investors in the TON blockchain project may consider three scenarios after the founder of Telegram, Pavel Durov, announced its closure on Tuesday: wait for the funds to be returned, sue or find a compromise. RIA Novosti writes about this with reference to the interviewed experts.

Most investors are inclined to go to court, said the founder of the Tokenbox project Vladimir Smerkis. The minimum number of campaign participants is interested in signing loan agreements with subsequent payments, he said..

Arseniy Shcheltsin, General Director of ANO Digital Platforms, believes that “most investors will simply take the money, some may sue, and some will wait for new news.”.

“I think that the money was not distributed very adequately, but in principle I think that there will, of course, be lawsuits, because this is a classic deception of an investor,” said Yuri Pripachkin, President of RACIB.

Skolkovo Ventures CEO Vladimir Sakovich noted that this is a “classic venture deal”, although it was presented as an ICO, so the impossibility of a full refund is normal.

Investors can sue ...

Alexey Basov, investment director of the Russian Venture Company (RVC), expects that the parties will come to some common decision.

“Pavel Durov, quite possibly, will propose a scenario aimed at reducing investors’ losses through partial refunds or compensation through participation in new projects. Such discussions have already been initiated two weeks ago, and, apparently, the founder has some kind of maneuver in this regard, “he said..

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