Attorney Telegram questioned SEC's impartiality and asked the court to revoke SEC's lawsuit against Gram

According to Cointelegraph, the telematics service company Telegram asked the Southern District Court of New York to dismiss the US regulator's allegations that the company's internal cryptocurrency is a security. In a new document on November 12th, Telegram's lawyer bluntly accused the US Securities and Exchange Commission (SEC) of abandoning justice. The document reads: “The plaintiff has engaged in inappropriate 'enforcement supervision' in this emerging field of law and has failed to provide clear guidance and impartial advice on what constitutes a violation of federal securities laws.” The lawyer then requested the court Dismissed the SEC's complaint.