Pavel Durov, the founder of Telegram, has left France after months of restrictions due to legal claims by the French authorities. This event has sparked market reaction and new discussions around TON and Telegram projects.
Pavel Durov's Legal Troubles
Pavel Durov's legal issues began in August 2024 when French authorities accused him of failing to stop illegal activities on Telegram. He was forced to remain in France to participate in legal proceedings. In response, Telegram tightened its moderation policy, encouraging users to report violations via the 'Report' button.
Market Reaction and Toncoin Prospects
The news of Durov's departure sparked a positive reaction within the TON community: the price of Toncoin rose to $3.58, up 15%. However, the long-term prospects of Toncoin remain unclear amid declining interest in Telegram mini-apps and TON-based projects.
World Liberty Financial's Crypto Investments
World Liberty Financial (WLFI) invested $4 million in cryptocurrencies Avalanche and Mantle. Their total crypto investments exceeded $340 million, including recently acquired AVAX and MNT. WLFI denies rumors of negotiations with Binance despite recent media reports.
The return of Pavel Durov to business and investment in blockchain-based projects confirm the importance of technology for protecting digital freedom. However, market unpredictability and Telegram's current legal status make the future of these initiatives uncertain.
