Persons mentioned in the lists of sanctions the US, UK, EU and UN Security Council, will not be able to participate in any of the rounds closed ICO project Telegram Open Network.
The organizers of the primary supply of coins Telegram decided to exclude potential investors who fall under the international sanctions EU and the United States, from the list of those allowed to participate in any round of financing Telegram Open Network (TON) ICO. According to the agreement of purchase and sale of tokens Gram, the ban also extends to their immediate families — children, spouses, parents, brothers and sisters.
In addition, invest in TON is prohibited to citizens and residents of any state, country, territory or other jurisdiction to which the United States imposed an embargo (Crimea, Cuba, Iran, North Korea and Syria). Attempts to conceal their involvement in the above lists are doomed to failure, because all potential investors must go through the procedure of “know your customer” by providing a copy of your passport, information about place of residence, Bank reference, etc.
The agreement between the Telegram Group Inc. and the investor also notes that the token buyer has no right to use them to sanctions violations or money laundering and the financing of terrorism.
“Any illegal use of the cryptocurrency Gram unscrupulous parties can violate the regulations in the UK, USA and other countries aimed at combating the funding of terrorism and money laundering that may seriously affect the global reputation of the TON” – the document says.
Telegram Group Inc. registered in the British virgin Islands. In the first closed offer token Gram, which took place in February, TON drew $ 850 million. Currently, Telegram is pursuing a second closed pre-sale, in an effort to attract two times more than in the first round.