Pavel Durov Allowed to Leave France as Toncoin Surges

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Solana Set to Launch Alpenglow Upgrade for Faster Transactions

Solana is set to implement its Alpenglow consensus upgrade aimed at achieving faster transaction finality.

user avatarKenji Takahashi

Payward to Acquire Saldo Bank for European Banking Expansion

Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.

user avatarMaria Fernandez

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.

user avatarGustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.

user avatarRajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.