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SEC's Peirce Blasts Telegram Settlement As 'Unsatisfying'

By Philip Rosenstein (July 21, 2020, 8:27 PM EDT) -- SEC Commissioner Hester Peirce on Tuesday took aim at her agency's action against Telegram Group Inc., deriding the "sweeping" injunction imposed on the messaging service's initial offering of Gram digital tokens and questioning whether anyone was actually protected by the enforcement action....

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