Toncoin tanks 8% as Nasdaq flags rule violation in $273M holder purchase

Toncoin (TON) has pulled back from its bullish momentum after Nasdaq reprimanded TON Strategy, a major holder of TON, for failing to obtain shareholder approval before issuing stock to finance a $272. 7 million purchase. The price of Toncoin has dropped, with a market cap of $5. 16 billion, marking an 8. 07% 24-hour decline. Additionally, trading volumes […] source: https://www.cryptopolitan.com/toncoin-tanks-8-as-nasdaq-flags-rule-violation-in-273m-holder-purchase/