Telegram says it is withdrawing its appeal after a court decision backed the SEC and will no longer be fighting the ban on its blockchain token project (Anna Baydakova/CoinDesk)

Anna Baydakova / CoinDesk:
Telegram says it is withdrawing its appeal after a court decision backed the SEC and will no longer be fighting the ban on its blockchain token project — Telegram has thrown in the towel in its court battle against the U.S. Securi…