TON Telegram: investors opt for a 72% reimbursement

According to a first report, 80% of investors who supported the project YOUR of Telegram have chosen a partial refund and will recover 72% of the funds invested earlier in 2018.

American justice has been right about the crypto-project of the Telegram messaging application. Last week, its founder Pavel Durov announced the abandonment TON blockchain and its Gram token.

While entities supporting the initiative can request a partial reimbursement up to 72% or wait until next year and recover 110% of their investment, Forbes Russia reports that the majority of the $ 1.7 billion ICO participants opted for partial reimbursement.

Most investors in the Disruptive Era Fund, which invested more than $ 70 million in Telegram, agreed to withdraw the money from the project, "commented two investors.

They claim that 4 out of 5 investors decided to recover their investment and that some of them have already received a refund.

This is for example the case of Anatoly Knyazev, the co-founder of the investment firm Exante, who explains that Telegram did not convince him to stay in the project.

No one is satisfied with the new conditions. Among those I know, everyone has taken the money or is negotiating more favorable terms. We left the project because there is a high probability of prosecution from the United States in the first place. If they win, money will go to them at the expense of those who agreed to wait a year and made a Telegram loan, "said Knyazev.

Other investors, like the CEO of Sun Crypto Management, Yegor Vinogradov, also says that the majority of participants have chosen to recoup their investment today.

Everyone took 72%. The first investors to apply have already received the money, "he said.

However, a small part of investors would continue to support Telegram and preferred to receive a 110% reimbursement in April 2021.

This is particularly the case of Sergey Solonin, co-founder of Qiwi, a venture capital firm that has invested $ 17 million in TON.

However, the situation could be more delicate for investors who have already sold part of their GRAM. Knowing that at the time, Telegram had formally prohibited the resale of tokens.