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French authorities issue an arrest warrant for Nikolai Durov

Aug 28, 2024
  1. Arrest of Pavel Durov
  2. Arrest warrant for Nikolai Durov
  3. Impact on Toncoin (TON)

Following the recent arrest of Pavel Durov, French authorities have issued an arrest warrant for his brother and Telegram co-founder, Nikolai Durov.

Arrest of Pavel Durov

Pavel Durov was detained last week at Paris' Le Bourget airport. Reports indicate that French authorities issued arrest warrants for both Pavel and Nikolai Durov on March 25.

Arrest warrant for Nikolai Durov

The arrest warrant for Nikolai Durov stems from an ongoing investigation into Telegram's alleged non-cooperation in a criminal inquiry. Nikolai's whereabouts are currently unknown, and French authorities are actively searching for him.

Impact on Toncoin (TON)

This event has also impacted Toncoin (TON), Telegram's digital currency, which has dropped in value since the arrest. As of writing, the token is trading at $5.34, a 4% dip in the last 24 hours according to Coinmarketcap. This decline coincided with a recent issue with the TON blockchain, which was offline for nearly six hours due to a surge in transactions with the newly listed $DOGS token before returning to normal operations.

The situation surrounding the Durov brothers' arrests and the impact on Telegram's ecosystem continues to evolve. We will keep tracking further developments.

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