- Telegram founder Pavel Durov was arrested in France for allegedly failing to censor the reality about his request.
- The arrest led to a 16% drop within the worth of TON, which is now buying and selling at $5.62.
- Elon Musk supported Durov and emphasised the significance of freedom of speech.
Telegram founder Pavel Durov was arrested at Le Bourget airport in France on Saturday round 8:00 p.m. The French-Russian nationwide was detained after arriving from Azerbaijan on the premise of a French search warrant issued by the Workplace of the French Nationwide Directorate of the Judicial Police.
The warrant was based mostly on allegations that Telegram facilitated unlawful actions resembling drug trafficking, youngster abuse and fraud on account of an absence of content material moderation. French authorities say Durov's refusal to cooperate with legislation enforcement made him an confederate. He prevented nations the place Telegram was beneath scrutiny.
After his arrest, Durov was positioned in custody and is predicted to face costs together with terrorism, drug trafficking, complicity, fraud, cash laundering and involvement in youngster abuse content material. Authorities consider his pretrial detention is probably going on account of his appreciable assets and flight threat.
Pavel Durov's arrest induced a 16% drop within the worth of TON, Telegram's cryptocurrency, inside an hour of the information. The crypto neighborhood is anxious about the way forward for Telegram and its tasks, fearing elevated regulatory scrutiny and instability. At press time, TON is buying and selling at $5.62, down considerably from its intraday excessive of $8.24.
In the meantime, the TON neighborhood took to social media platform X to reassure members that regardless of the current information about Telegram founder Pavel Durov, the neighborhood stays sturdy and totally useful.
They emphasised their dedication to free speech and decentralization, standing firmly behind Durov. The neighborhood stays targeted on its mission and urges everybody to stay calm, united and proceed to construct.
Elon Musk, recognized for his stance on freedom of speech, reacted to the arrest of Pavel Durov. Musk posted a number of messages supporting Durov, together with one which likened the state of affairs to being executed for liking a meme in Europe in 2030.
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