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Home»ALTCOIN NEWS»TON Blockchain Releases Statement After Arrest of Telegram Founder Pavel Durov
ALTCOIN NEWS

TON Blockchain Releases Statement After Arrest of Telegram Founder Pavel Durov

By Crypto FlexsAugust 27, 20242 Mins Read
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TON Blockchain Releases Statement After Arrest of Telegram Founder Pavel Durov
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Layer 1 blockchain The Open Network (TON) has released a statement in support of Telegram founder Pavel Durov, who was recently arrested in France.

TON said on social media platforms that the network would continue to operate normally after Durov was detained on charges of crimes related to the Telegram messaging app.

“As a community dedicated to free speech and decentralization, we stand steadfastly with Pavel during this difficult time. Pavel has been a dedicated advocate for these values, and we believe his work to promote an open and decentralized internet will continue to inspire millions.

The TON community remains focused on our mission, and we will continue to work to uphold these principles globally. We encourage everyone to remain calm, unite, and continue to build as we navigate this situation together.”

According to a BBC report, the billionaire was arrested at a French airport on suspicion of neglecting moderation on Telegram, which featured content related to drugs, fraud and other criminal activities.

Telegram has previously denied these claims.

Open Network was originally developed by Telegram in 2018, but was later acquired by the TON Foundation, an international group of independent developers, and renamed Toncoin.

At the time of writing, TON is trading at $5.76, which is up slightly over the last 24 hours.

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Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are at your own risk and any losses you may incur are your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

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