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Home»ALTCOIN NEWS»Telegram CEO Arrested: Crypto Markets React to TON’s 20% Drop
ALTCOIN NEWS

Telegram CEO Arrested: Crypto Markets React to TON’s 20% Drop

By Crypto FlexsAugust 25, 20243 Mins Read
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Telegram CEO Arrested: Crypto Markets React to TON’s 20% Drop
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  • According to Robert F. Kennedy (RFK Jr.), Durov’s arrest is a blow to freedom of the press.
  • The TON token plunged 20% after the arrest, wiping out gains made in August.

The cryptocurrency community and major public figures have condemned the arrest of Telegram head and founder Pavel Durov. Durov said Get arrested He was arrested at a French airport on Saturday evening over claims he was linked to the encrypted messaging platform Telegram.

After his arrest, former independent U.S. presidential candidate Robert F. Kennedy Jr. stressed the urgency of press freedom. He said Said,

‘France has just arrested Pavel Durov, founder and CEO of the encrypted and uncensored Telegram platform. The need to protect freedom of speech is more urgent than ever.’

Is Durov’s Arrest a Warning to the Free World?

According to Tucker Carlson, a prominent media personality, Durov’s arrest was a warning to all platforms that “fail to censor the truth” for governments and intelligence agencies. He said: famous,

‘Pavel Durov is in a French prison tonight. It is a living warning to platform owners who refuse to censor the truth at the behest of governments and intelligence agencies. Darkness is rapidly approaching a world that was once free.’

other user If convicted, Durov could face up to 20 years in prison, depending on the allegations.

‘France is actually planning to sentence Telegram founder Pavel Durov to up to 20 years in prison.’

However, at the time of writing, the story was still ongoing and there were no details about Durov’s future or the alleged claims.

Open Network (TON) Perhaps one of the most successful and most impactful projects related to crypto platforms, Telegram has increasingly become a must-have platform for crypto projects and users.

The TON community issued a statement of reassurance to users following Durov’s arrest. stated,

‘Following the recent news regarding Telegram founder Pavel Durov, we want to assure everyone that the TON community is still strong and fully operational… We encourage everyone to stay calm, stay united, and continue building as we navigate this situation together.’

TON was the biggest victim of the Durov update, with the token wiping out almost all of its recent August recovery gains, crashing 20% ​​from nearly $7 to $5.50.

The next price direction of TON may depend on the update of the Durov situation.

Telegram TON

Source: TON/USDT, TradingView

Next: Is Ethereum Heading for $3,000? What Does On-Chain Data Show?

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