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Home»ALTCOIN NEWS»TON Community Supports Telegram CEO Amid Arrest Crisis
ALTCOIN NEWS

TON Community Supports Telegram CEO Amid Arrest Crisis

By Crypto FlexsAugust 27, 20243 Mins Read
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TON Community Supports Telegram CEO Amid Arrest Crisis
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  • The TON Association has come together to address the issues Telegram is currently facing.
  • Telegram founder and CEO Pavel Durov is facing regulatory challenges.
  • The platform took a strong defensive stance against its executives.

As a platform that is closely integrated with the blockchain and cryptocurrency ecosystem, Telegram quickly gained the attention of the entire industry when CEO Pavel Durov was recently arrested in France. TON, a decentralized network that benefited significantly from its close relationship with the platform, was the most affected, as evidenced by the repercussions across the community and a 20% plunge in its native token.

The TON community took a firm stance and took action in response to this situation.

TON, with Durov from Telegram

TON, The Open Network, originally developed by Telegram before its ownership changed in 2020 due to regulatory issues, announced its support for Panel Durov after his arrest. In an official statement on August 25, 2024, the group said it was working on ‘#digitalresistance‘ and ‘#FREEDUROV’ campaign, urging community members to advocate for the CEO’s release.

As part of this campaign, the TON community began a widespread change of profile pictures across the community to a dog-themed mascot symbolizing the “digital resistance” movement. The campaign was started by Durov during a similar legal battle with the Russian government in 2020.

TON’s defense follows previous statements that assured users of its strong position despite ongoing uncertainty surrounding Durov’s arrest. The company insisted that the community is fully operational and has expressed support for its executives.

“As a community committed to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time,” stated the network.

DailyCoin has reached out to TON for further comment but has yet to receive a response. Due to ongoing confusion, the official response came from Telegram.

“This is ridiculous”: Telegram CEO defends himself

On the same day, the company defended Durov’s arrest through social media platform X. Telegram described the arrest as unfounded, stressing that its operations are compliant with European Union regulations, including the Digital Services Act.

Telegram has dismissed the claims about uncensored content and its alleged links to illegal activity, and has argued that it is unreasonable to hold Durov responsible for misuse of the platform.

“It is absurd to claim that a platform or its owner are responsible for abuse of that platform,” the statement read.

Telegram further emphasized its ongoing regulation aimed at solving the problem and expressed solidarity with its users.

On the other side

  • Telegram’s user base has recently I got to the top The milestone of 950 million.
  • At the time of writing, TON’s native token, Toncoin, is trading at $5.55, down about 18% from its weekly high.
  • Russian officials said accused France denies access to arrested Telegram founder

Why this matters

TON’s close relationship with Telegram comes at a critical juncture in the ongoing regulatory debate, as a disruption to Telegram’s operations could have significant repercussions on the ecosystem.

To better understand the relationship between TON and Telegram and recent developments, read here.
TON Makes USDT Accessible to Millions of Telegram Users

Read this article to learn more about Tether CEO’s latest insights on the unexpected launch of blockchain.
Tether has no plans to launch its own blockchain, and here’s why:

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