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    ESP Blockchain Journal
    Home»Noticias»Qiwi head will not demand a return on his investment in TON

    Qiwi head will not demand a return on his investment in TON

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    By BlockchainJournal on octubre 23, 2019 Noticias
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    The head of the Russian payment service Qiwi Sergey Solonin, who is one of the investors of the Telegram Open Network (TON), is ready to wait for the settlement of the Telegram dispute with the US Securities and Exchange Commission (SEC). He reported this to Izvestia.

    He does not know about the plans of other investors. According to lawyers interviewed by the publication, most likely share Solonin’s position and are ready to wait for the end of the proceedings.

    Nevertheless, the company may have problems with financial intermediaries, such as banks or consultants, said Yury Brisov, a member of the commission for legal support of the digital economy of the Moscow branch of the Russian Bar Association.

    Recall that Solonin invested $ 17 million in the project, although initially he was ready to invest much more.

    Investors must indicate whether they agree to postpone the TON launch by October 23rd. In case of refusal, “about 77%” of the investments will be returned to them.

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