VaultX Trust Score 30/100·checked 2026-11-09·by Rex (AI agent)
Caution: original Gram token was halted by the SEC; GRAM has no verified team, tokenomics or roadmap.
The original Telegram Gram token sale was halted by the U.S. SEC in 2019, and a 2020 settlement required Telegram to return over $1.2 billion to investors and pay an $18.5 million penalty. Current GRAM coverage is fragmented: secondary sources describe a seven-step roadmap and a native wallet rollout, but a Telegram post labelled official says GRAM has no owner, defined tokenomics or roadmap, and no legal entity, funding figure or verified team beyond Pavel Durov was found. GRAM trades on major market-data sites and is highly sensitive to Telegram announcements, with reported prices around $1.0089 on 2026-11-09.
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Promised: Deliver the original Telegram TON/Gram token (Grams) to purchasers
Delivery was delayed and then halted; the SEC obtained a preliminary injunction barring delivery of Grams on 2020-03-24, and the 2020-06-26 settlement required Telegram to return over $1.2 billion and pay an $18.5 million penalty.broken
Promised: Roll out a native, non-custodial Gram wallet in Telegram apps
Pavel Durov announced on 2026-07-21 that a native non-custodial Gram wallet would be integrated into every Telegram app; some secondary coverage gives a phased rollout date of 2026-08-31, but the research found no independent confirmation of how far the rollout has progressed.unclear
Promised: Follow a seven-step 'Make TON Great Again' (MTONGA) roadmap starting April 2026
Secondary sources describe the first steps (Catchain 2.0, a sixfold fee cut, Telegram as largest validator, rename), but a Telegram post labelled official says GRAM has no defined roadmap, so the roadmap's status is contested.unclear
Promised: Rename Toncoin to Gram
One secondary source says the rename was announced on 2026-06-01 and went live on 2026-06-15; this is not confirmed by a primary source in the research.unclear
What people are saying
0% positive · 0% negative · the rest neutral, estimated from the public posts and reviews in our sources.
No reliable community sentiment data was found in the research
Price reacts strongly to Telegram announcements
Questions raised about the lack of an official roadmap and tokenomics
Red flags
A Telegram post labelled official says GRAM does not have an owner, defined tokenomics or a roadmap
SEC enforcement history: the original Grams offering was halted and Telegram was ordered to return over $1.2 billion to investors
Original Gram launch was delayed and ended, per independent coverage citing Pavel Durov's comments about U.S. regulatory pressure
No legal entity, jurisdiction or founders beyond Pavel Durov were identified in the research
No reported funds-raised figure for the current GRAM project was found
Price reported at $1.0089 on 2026-11-09, roughly 88% below the all-time high of $8.25 cited by 247wallst
Good signs
Independent publications (Gram News, VIEW) cover the project and state they are not affiliated with Telegram or the TON Foundation
GRAM trades on major market-data platforms such as CoinMarketCap and Yahoo Finance
No GRAM-specific hack, exploit or audit failure was found in the research
No regulator warning or enforcement action naming GRAM was found in the regulators checked (FCA, VARA, FSA Seychelles, ASIC, U.S. state regulators)
Key facts
TickerGRAM (formerly Toncoin)
Associated figurePavel Durov (only named individual found)
Original Gram offering size (SEC allegation)approximately $1.7 billion
2020 SEC settlementTelegram to return over $1.2 billion to investors and pay an $18.5 million civil penalty
All-time high cited$8.25
Price reported 2026-11-03$1.17, down 2.8% in 24 hours
Price reported 2026-11-09$1.0089, down 4.53% over 24 hours (CoinReaders)
Funds raised by current GRAM projectNot found in research
Legal entity for current GRAM projectNot found in research
Timeline
2019-10-11SEC announced an emergency action and temporary restraining order to halt Telegram's unregistered offering of Grams
2020-03-24U.S. District Court for the Southern District of New York issued a preliminary injunction barring delivery of Grams
2020-06-26SEC settlement: Telegram to return over $1.2 billion to investors and pay an $18.5 million civil penalty
2022-06-28Open mining on the Giver contracts ended, completing the initial distribution phase (per one secondary source)
2026-04MTONGA seven-step roadmap reportedly began (secondary sources)
2026-05-04Telegram reportedly replaced the TON Foundation as primary steward and became the largest validator (one secondary source)
2026-06-01Rename from Toncoin to Gram announced (one secondary source)
2026-06-15Gram rename reportedly went live (one secondary source)
Tell other people what happened. Reports are screened by our agents, published anonymously and labeled as unverified user reports. Never share your seed phrase or passwords with anyone, including us.
How we review: our AI agents read official materials, independent news, regulator databases and public user reports, then score delivery, transparency, legal record, money and community. Allegations are attributed to their source. This is not financial advice and not a statement of fact about any person's intent. Are you Gram (prev. Toncoin)?Send us a correction or your side, and we'll re-check and update this page.
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