Telegram’s Commitment to Compliance with EU Laws and Support for CEO Pavel Durov
Telegram, the popular messaging app, is standing by its commitment to comply with EU laws amidst the recent arrest of its CEO, Pavel Durov, in France.
“Telegram respects the laws of the European Union, including the Digital Services Act, and its moderation meets industry standards and is constantly improving. Telegram’s CEO, Pavel Durov, has nothing to hide and often travels to Europe.”
The company has emphasized that it adheres to EU regulations and maintains industry-standard content moderation practices.
This declaration comes following Pavel Durov’s arrest by French authorities at an airport, reportedly due to concerns about the platform’s moderation practices.
Although formal charges have not been disclosed, it is alleged that Telegram and its CEO are being held accountable for facilitating organized criminal activities.
Assessing Telegram’s Compliance with EU Laws and Public Support for Pavel Durov
As Telegram asserts its adherence to EU laws, several notable figures have expressed support for Pavel Durov following his arrest.
- Elon Musk, the founder of a prominent company, shared an interview with Telegram’s CEO and showed solidarity with #FreePavel campaign.
Within the financial realm, understanding market trends such as “bull” and “bear” markets is essential for investors.
- Justin Sun, CEO of Tron, suggested organizing a decentralized autonomous organization (DAO) to assist Durov in securing his release, offering a substantial donation towards the cause.
TON Price Movement: Stabilizing After Significant Losses
Recent events, including Pavel Durov’s arrest, led to a sharp decline in the price of TON, dropping by 22% from $6.8 to $5.2.
Investors’ reactions to updates regarding Durov’s situation contributed to this notable price decrease.
Currently, TON holds the tenth spot in the overall cryptocurrency market rankings, boasting a total market cap of $14.2 billion.
At present, the value of TON stands at $5.64, with the market indicating a sense of uncertainty while attempting to limit further losses.
Hot Take: Telegram Affirms Compliance with EU Laws and Supports Pavel Durov
Telegram has reaffirmed its commitment to upholding EU regulations and defending its CEO, Pavel Durov, amid recent legal challenges.
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