- Tether CEO Paolo Ardoino has added his voice to the numerous calls to fireside Telegram CEO Pavel Durov.
- French law enforcement officials arrested Durov on the airport in Paris.
- The value of Toncoin (TON) fell sharply after the information.
In a publish on X, Tether CEO Paolo Ardoino famous that Durov's arrest is troubling and that the corporate mustn’t afford to “lose the battle to defend freedom of speech.”
“The arrest of Pavel Durov for enabling free communication through telegram could be very disturbing. If as a society we lose the battle to defend freedom of speech and communication, nothing else will matter, our future can be a darkish age,” Ardoino wrote.
Telegram on compliance with the EU
Ardo's August 26 feedback observe Durov's arrest in France over the weekend. In an announcement on Monday, Telegram stated it was absolutely compliant with European Union rules and famous that it was “absurd” to assert that misuse of the messaging app is the proprietor's duty.
“Telegram complies with EU legal guidelines, together with the Digital Providers Act – its moderation is inside business requirements and is consistently bettering,” the platform he wrote. “Telegram director Pavel Durov has nothing to cover and infrequently travels round Europe. It’s absurd to assert that the platform or its proprietor is accountable for the misuse of this platform,” the assertion stated.
Along with Ardoin, different outstanding figures within the crypto house criticized the French arrest and detention of Durov.
TRON founder Justin Solar is amongst those that have pledged help for the #FreeDurov initiative. Solar stated in an announcement that it’s donating $1 million to the purpose, with the funds going to the Decentralized Autonomous Group (DAO).
We should always present the unity of the cryptocurrency business by organizing a #FreePavel DAO to assist Telegram founder Pavlo Durov legally achieve his freedom. I'll donate $1 million if it's in-built a decentralized approach with sufficient group help. @elonmusk @MarioNawfal
— JE Justin Solar 孙宇晨 (hiring) (@justinsuntron) August 25, 2024
Durov's arrest noticed the value of Toncoin (TON) fall 16% to a low of $5.30. At the moment, TON is buying and selling round $5.53.
