Who is the owner of TON blockchain?

Despite the setback, Durov remains a prominent figure in the blockchain and cryptocurrency space. His involvement in TON and Telegram's earlier experiments with blockchain technology demonstrate his commitment to pushing the boundaries of digital innovation.

Meanwhile, the cryptocurrency exchange landscape has evolved significantly, with numerous platforms offering a range of services to traders and investors. One such exchange, BTCC, has established itself as a leading player in the industry.

Durov embarked on the TON project alongside his brother Nikolai, leveraging the platform of Telegram, a popular messaging application. Their ambitions were grand, as they sought to integrate blockchain technology into the app's ecosystem.

BTCC offers a comprehensive suite of services, including spot trading, futures trading, and digital wallet solutions. These services cater to the diverse needs of traders, allowing them to access a wide range of markets and assets with ease.

However, their endeavors hit a significant roadblock when the U.S. Securities and Exchange Commission (SEC) took legal action against Telegram. The SEC accused Telegram of conducting an unlawful and unregistered initial coin offering (ICO), raising vast amounts of funds from investors.