• Telegram has abandoned its blockchain project, TON.
• It crumbled after the SEC chased after it's $1.7 billion ICO.
• The ICO was structured as a "SAFT," the same method many other crypto startups used to raise hundreds of millions.
Today is a sad day for us here at Telegram,” wrote Pavel Durov, co-founder of Telegram, yesterday in a blog post. Durov had just announced