As a seasoned crypto investor with a knack for deciphering market trends and geopolitical events, I find myself constantly monitoring the ever-evolving landscape of digital assets. The news of Pavel Durov’s arrest in France has sent ripples through the crypto world, and it’s no surprise that Toncoin took a hit.
On Saturday night, it’s been reported that Pavel Durov, the head honcho of Telegram, was detained in France following his departure from a private aircraft.
According to local reports, he was taken into custody due to crimes connected with a widely used messaging platform.
According to reports from undisclosed sources, TF1info announced on Saturday night that Durov was allegedly apprehended at Le Bourget Airport, which lies to the northeast of Paris.
Despite holding both French and UAE passports, the Russian embassy has swiftly acted to sort out the matter by taking “prompt actions” to clear up the situation.
Based on reports from various news outlets, Durov’s arrest appears to be connected to questionable actions involving the messaging app he oversees. Potential charges against him may include terrorism, drug-related crimes, aiding others in criminal activities, fraud, and money laundering.
It’s important to point out that Toncoin, having a robust background and active ties with Telegram, experienced a significant drop following the announcement of the news.
In just about 12 hours, the value of TON plummeted from around $6.75 to below $5.5. According to information from CoinGecko, this cryptocurrency has experienced a 19% drop in value over the past day.
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2024-08-25 14:53