Following the recent arrest of Telegram CEO Pavel Durov in France, an arrest warrant has now been issued for his brother, Nikolai Durov, the co-founder of the Telegram app.
Context of Arrests
A recent report from Politico revealed that French authorities issued arrest warrants for both Pavel and Nikolai Durov long back on March 25. The investigation into the Telegram app began months earlier, primarily due to the app's refusal to cooperate with French police in a child sex abuse inquiry.
Reactions to Arrests
Although Nikolai's location remains unknown, French authorities continue their investigations. The administrative document outlines “Telegram’s almost non-existent cooperation” with authorities. Speculations over crypto coach Julia Vavilova's involvement in Pavel Durov's arrest have surfaced recently. The UAE's recent decision to suspend a $10 billion deal with France following Pavel's arrest has sparked expectations of his imminent release. A social media video speculated that Pavel Durov was brought to court.
Impact on Toncoin
Simultaneously, with the arrest warrant against Nikolai Durov, Toncoin (TON) dropped again. The TON price currently stands at $5.44, a 0.43% decline in the past 24 hours. The recent network outage on the TON blockchain, which halted block processing activity for six hours, also impacted the price.
Further developments and details around the Durovs' case and Telegram remain under close observation.
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