Telegram founder and CEO Pavel Durov has been arrested and placed under judicial supervision in Paris on charges of terrorism and child exploitation content.
Charges Against Durov
Pavel Durov was arrested at Le Bourget airport near Paris on August 26 and transferred to a Paris courthouse. French authorities accuse him of complicity in various illegal activities, including child sexual abuse material, cybercrimes, and drug trafficking. He faces 12 alleged charges. Durov needs to post bail of 5 million euros, report to the police station twice a week, and is banned from leaving French territory.
Community Reaction
The court's decision sparked a wide resonance in the cryptocurrency community. Reports suggest that the Telegram co-founder received significant support from the platform's users. Ongoing legal battles around Telegram continue to draw public attention to the issue of content moderation in encrypted messengers.
Impact on Cryptocurrency
Following the arrest of Pavel Durov, the price of Toncoin (TON), the cryptocurrency linked to Telegram, plunged 20% to $5.3, with its market capitalization falling to $13.6 billion. This event caused significant fluctuations in the cryptocurrency market.
The charges against Pavel Durov have far-reaching implications for both himself and the Telegram platform. Ongoing legal proceedings will be closely watched by the public and the cryptocurrency community.
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