Can someone explain me what's going on between telegram and the SEC?

Could someone please try to explain me ehy is the Sec opposing the release of the TON tokens from the ico done by telegram saying it's a security ?why is it considered a security, there has been tons of ICO done over past few years, What's the difference between all the hundreds of other ico and other blockchains releasing their tokens and the TON token and the telegram ICO. An eli 5 of what constitute a security would be nice tooHopefully this message is long enough and the auto moderator bot won't feel the need and compulsion to remove my post which I hope will start a healthy conversion regarding what's going on at the moment and help people understand it better

Submitted February 20, 2020 at 02:28PM

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