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Telegram CEO Pavel Durov Detained by French Authorities, TON Cryptocurrency Takes a Hit

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Release: 2024-08-25 09:25:12
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Unconfirmed reports suggest that the arrest is linked to allegations of failing to censor content on the messaging platform, potentially including charges related to terrorism and money laundering.

Telegram CEO Pavel Durov Detained by French Authorities, TON Cryptocurrency Takes a Hit

Telegram CEO Pavel Durov was reportedly detained by French authorities upon his arrival at Le Bourget airport on Saturday evening. The arrest, which has yet to be officially confirmed by French authorities, is said to be linked to allegations of failing to censor content on the messaging platform.

According to unconfirmed reports, the charges against Durov could include failing to censor content related to terrorism and money laundering. The news of Durov’s arrest spread rapidly on social media, accompanied by varying levels of detail and credibility.

The reports sent shockwaves through the tech community and the cryptocurrency market, with TON cryptocurrency, which was developed by Telegram, experiencing a significant dip following the news. At the time of writing, TON’s price had dropped by over 18% from its earlier high.

Durov, who is known for his outspoken stance on privacy and free speech, has faced ongoing tensions with governments around the world. His arrest in France marks a significant escalation in these conflicts, raising questions about the future of Telegram and its commitment to user privacy.

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