- Toncoin posted double-digit loss as French media reported that Telegram CEO Pavel Durov was arrested in the country.
- The arrest comes as French authorities consider Durov complicit in crimes organized via Telegram because of the platform’s lack of moderation
As I type this, Toncoin is being bought and sold for more than $5.75, representing a 14.5% decrease compared to earlier values, as indicated by CoinDesk Indices data. Meanwhile, the CoinDesk 20 (CD20), which gauges the performance of significant digital assets, remains unchanged, showing a slight increase of 0.79%.
The warrant for his arrest is linked to a police complaint from OFIM, a division of the French national police established in November 2023, who view Durov as being involved due to insufficient moderation on Telegram. This alleged involvement includes facilitation of drug trafficking, distribution of harmful content related to child sexual abuse, and fraud, as a result of Telegram’s lack of moderation and resistance to cooperate with law enforcement agencies, according to French network TF1.
Elon Musk, issued a post on X advocating for Durov’s immediate release.
Telegram’s PR office did not respond to a request for comment from CoinDesk.
According to a source from the law enforcement, on his platform, numerous illegal activities and misconducts occurred, yet there’s no sign of him taking action or working together to address these issues, as reported by TF1.
According to a source speaking with TF1, for quite some time now, it’s been the leading platform for criminal organizations.
Speaking with TF1 left sources astonished, as they hadn’t expected him to visit France, given that he was already wanted there.
The arrest was also confirmed by the BBC and Reuters.
UPDATE (August 25, 05:10 UTC): Adds Musk’s tweet calling for Durov’s release.
Read More
- PENDLE PREDICTION. PENDLE cryptocurrency
- W PREDICTION. W cryptocurrency
- FIO PREDICTION. FIO cryptocurrency
- AAVE PREDICTION. AAVE cryptocurrency
- BONE PREDICTION. BONE cryptocurrency
- WALV PREDICTION. WALV cryptocurrency
- Bitcoin’s Unreliable Death Cross Is Looming Again
- Did the Megalopolis Trailer Make Up All Those Movie-Critic Quotes?
- Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
- Decoding the Cosmic Conundrum in Honkai: Star Rail – Why So Serious?
2024-08-25 08:13