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