As a seasoned crypto investor with a knack for keeping tabs on industry developments, I find myself at odds with the recent turn of events involving Telegram and its co-founders, the Durov brothers. The ongoing legal saga in France has sent ripples across the global crypto landscape, with the arrest warrant issued against Nikolai Durov adding fuel to the fire.
Following the detention of Telegram CEO Pavel Durov in France, a significant development has arisen. The French authorities are also aiming to apprehend Nikolai Durov, the brother of Pavel and co-founder of the Telegram app, as part of their efforts to control the social networking platform. For now, Pavel remains in custody after being arrested at Paris’ Le Bourget airport.
France Seeks To Arrest Telegram Co-Founder Nikolai Durov
A Politico report uncovered that French authorities had actually issued arrest warrants for Pavel and Nikolai Durov as far back as March 25, which was revealed upon careful scrutiny of an official document. This document also hinted that the probe into their networking app started several months prior to the arrests.
The main issue at hand is that the networking app has consistently refused to assist the French authorities in their investigation into child sexual abuse. As a result of this, Pavel Durov was recently taken into custody, and there are currently increased efforts to target his brother, Nikolai.
It’s important to note that the whereabouts of Nikolai have yet to be discovered, but French officials continue to carry out their investigations nonetheless. Moreover, the official record indicates a minimal level of collaboration from Telegram during these inquiries.
Moreover, whispers about crypto consultant Julia Vavilova’s potential role in the arrest of Telegram CEO Pavel Durov have been circulating within the industry. However, the UAE’s decision to halt a massive $10 billion agreement with France after Durov’s detention seems to suggest that his release might be imminent.
Currently, there’s buzz following a video clip from X, which captures a car with tinted windows leaving a Parisian remand center. This has fueled discussions about whether Pavel was in that vehicle. French media has confirmed that Pavel was brought to court today. We’re all on the edge of our seats, waiting for more updates on this intriguing situation.
A tinted car drove out of a Parisian pre-trial detention center, in which Telegram’s CEO Pavel Durov could presumably be in.
French media confirms Pavel Durov brought to court.
— Sputnik (@SputnikInt) August 28, 2024
Toncoin (TON) Price Takes Heat
Concurrently with the issuance of an arrest warrant for Nikolai Durov, Toncoin (TON) experienced another drop in value. Today’s trading price for TON stood at $5.44, representing a 0.43% decrease over the past 24 hours. The lowest and highest points within this period were $5.15 and $5.63 respectively.
The falling prices were influenced not only by market factors but also due to a recent disruption in the TON blockchain, which led to a halt in block processing for around six hours because of an outage. Once the issue was resolved, the blockchain became active again, restarting its block processing and network-wide activities.
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2024-08-28 17:35