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Pavel Durov Allowed to Leave France as Toncoin Surges

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by Giorgi Kostiuk

a year ago

Telegram founder Pavel Durov has been granted temporary permission to leave France for Dubai. This news significantly impacted the cryptocurrency market.

Legal Permission for Durov

Telegram founder Pavel Durov, detained since August, was allowed to temporarily leave France for Dubai. This decision follows a legal proceeding where Durov requested changes to his supervision conditions.

Cryptocurrency Market Reaction

Following the news of Durov's departure permission, Toncoin (TON), associated with Telegram, saw a dramatic increase in trading volume, rising more than 15%. Similarly, Notcoin (NOT) also rallied with a 12.7% gain.

Durov Responds to Allegations

Pavel Durov, facing charges of allegedly enabling organized crime, expressed surprise at the allegations. He argued that French authorities bypassed official communication channels with Telegram's EU representative and directly questioned him.

Holding a CEO accountable for crimes allegedly committed by others on a platform—especially one operating under pre-smartphone laws—was a 'misguided approach.'Pavel Durov

The developments around Pavel Durov and his legal challenges remain a focal point, especially as Telegram's cryptocurrency initiatives continue to expand.

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