Telegram CEO Pavel Durov arrested in Paris

-

Pavel Durov, the CEO of Telegram, has been arrested in France. These claims sparked pretty significant attention in the social media and the crypto community.

Under arrest, but why?

According to the reports, Durov was apprehended after his plane landed at Bourget Airport, near Paris.

The charges against him are extensive, ranging from terrorism to conspiracy, fraud, and money laundering.

French media outlet TF1, citing unnamed sources, reported that a search warrant had been issued for Durov but would only be executed if he was on French soil.

The news agency also told that Durov seldom traveled within Europe, likely avoiding countries where Telegram is closely monitored by authorities.

Market and community reactions

Following news of the arrest, the price of TON, the Telegram crypto, saw a fast and big decline. At the time of writing, TON had dropped more than 10%, from a high of $6.86 to around $5.3.

The event prompted reactions from various public figures. American commentator Candace Owens expressed concern over the situation, highlighting Durov’s commitment to free speech and suggesting that his arrest is a result of resisting government control.

Fox News host Tucker Carlson, speaking to his large following on X portrayed Durov’s situation as a cautionary tale for tech leaders who refuse to bow to government pressures.

The government isn’t the people’s friend

Durov had a coversation with Carlson on a podcast in April, where he predicted that increasing government surveillance would lead to the creation of secure communication devices, similar to cryptocurrency hardware wallets.

Durov revealed that governments are becoming more power hungry and less tolerant of their citizen’s privacy, a trend he believes will continue.

After the reports of Durov’s arrest began circulating, the TON community issued a statement on X, reassuring users that the community remains strong and fully operational.

The statement expressed solidarity with Durov, affirming their commitment to the principles of free speech and decentralization during what they described as a challenging time.

Have you read it yet? Bitcoin miner OTC balances reach 2-year high, selloff is coming?

LATEST POSTS

Tether will go from stablecoins to Bitcoin mining kingpin by the end of the year?

Tether will be the largest Bitcoin miner by the end of the year. With the U.S. government tightening the screws through the new GENIUS Act,...

Bitcoin’s supply shrinks, but big players buy $164M in BTC

The whales, and the institutional sharks are swimming in Bitcoin waters, and they’re gobbling up coins like it’s the last slice of pizza at the...

Russian Bitcoin mining sector is getting a legal update

Russia’s getting serious about its Bitcoin mining sector, and it ain’t just for show. The big wigs over at the Ministry of Energy, Digital Development,...

53 crypto firms are already MiCA-compliant, but Tether and Binance left out in the cold

The European Union’s rolling out its big, shiny Markets in Crypto-Assets regulation. Six months in, and 53 crypto companies just got the golden ticket to...

Most Popular

Guest posts