Telegram CEO Pavel Durov Arrested in France
Telegram CEO and founder Pavel Durov was arrested in France after arriving from Azerbaijan on his private jet at Le Bourget airport outside Paris. The detention of Durov has been extended beyond Sunday night by the investigating magistrate handling the case. Durov can reportedly be held for questioning for up to a maximum of 96 hours. At the conclusion of this detention period, the judge may choose to release him, press charges, or remand him into further custody.
Telegram Responds to the Arrest
Telegram has responded to Pavel Durov’s arrest, stating that the company abides by EU laws, including the Digital Services Act, and that its moderation practices are within industry standards and constantly improving. The messaging platform also mentioned that Durov has nothing to hide and travels frequently in Europe. Telegram emphasized that it is absurd to hold a platform or its owner responsible for the abuse of the platform, especially considering that almost a billion global users regularly use Telegram for communication and information.
Impact on Toncoin Price
The price of Toncoin (TON), the token of the Telegram-affiliated The Open Network, fell sharply following Durov’s arrest. TON is down about 14% from its Saturday opening price of $6.70 to $5.79 after recovering from a weekend low of $5.25, according to CoinGecko data.
Hot Take: What happens next?
As the situation unfolds, the crypto community awaits further developments regarding Pavel Durov’s arrest and its implications for Telegram and Toncoin. Stay tuned for updates on this evolving story.
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