{"id":43046,"date":"2021-05-24T14:39:40","date_gmt":"2021-05-24T11:39:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43046"},"modified":"2025-08-31T01:53:18","modified_gmt":"2025-08-30T22:53:18","slug":"nearly-50-investors-sue-telegram-open-network","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nearly-50-investors-sue-telegram-open-network\/","title":{"rendered":"Nearly 50 investors sue Telegram Open Network"},"content":{"rendered":"

Arbitration proceedings have begun in London in the investors’ lawsuit against companies tied to the blockchain platform Telegram Open Network (TON). told<\/a> Oleg Zhelezko, managing partner of Da Vinci Capital, in an interview with RBC.<\/p>\n

He says the case involves almost 50 investors from the Disruptive Era Fund, managed by Da Vinci Capital. In total, they invested $72.1 million in Telegram.<\/p>\n

Da Vinci Capital is acting as coordinator in the proceedings against Telegram.<\/p>\n

Oleg Zhelezko said that the proposal to return funds invested in TON cryptocurrency was made “not entirely correct”: it arrived roughly 24 hours before the deadline.<\/p>\n

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“As a result, many participants did not have a real opportunity to analyse the documents and obtain an adequate return on their investments,” he noted.<\/p>\n<\/blockquote>\n

Zhelezko cited “difficult communications moments,” which made it “very hard for investors to decide whether to take their money back or convert it into a loan”.<\/p>\n

According to Zhelezko, concerns about the TON creators exist among European and American investors, who are also likely to transfer their rights to one legal track or another.<\/p>\n

The Da Vinci Capital partner did not rule out that their lawsuit against Telegram would not be the only one:<\/p>\n

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“Independent firms are now operating to aggregate the interests of different investors.”<\/p>\n<\/blockquote>\n

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Experts assessed the chances of success of the Telegram Open Network investors’ lawsuit<\/a><\/p>\n<\/blockquote>\n