Durov returns 72% of TON investments to billionaire David Yakobashvili

The founder of Wimm-Bill-Dann, private investor David Yakobashvili, said he had received 72% of the invested funds in the blockchain project Telegram Open Network (TON). This was reported by reports Forbes.

“[Pavel Durov] returned the money as we agreed. Or I should have left the money for a year and would have received 110%, but I received 72%, as agreed,” Yakobashvili told the publication.

The billionaire stressed that he supports the Telegram team and regards them as victims of political pressure from the United States.

“I have a very good relationship with the guys; it’s not their fault. I still regard them as victims of a certain political pressure. Americans are people too and sometimes make mistakes,” he added.

According to available information, David Yakobashvili invested $50 million in Durov’s platform.

In February and March 2018, during two rounds of a closed ICO, TON raised $1.7 billion from 175 investors in the US and abroad.

In April 2020, Pavel Durov notified TON investors that there would be no launch due to a dispute with [simple_tooltip content=’Комиссия по ценным бумагам и биржам США’]SEC[/simple_tooltip] and a ban on distributing Gram tokens. He promised non-American investors that, after a year, they would receive 110% of the original investments, while those who did not agree to that option would receive 72% immediately.

In April 2021, the media reported that some TON investors have already received the funds, and another portion — notices about the start of payments.

In May, 50 investors from Disruptive Era Fund, managed by Da Vinci Capital, filed a lawsuit against companies linked to the TON blockchain platform. Collectively they invested $72.1 million in the project.

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