Vitalik Buterin Breaks Silence on Telegram’s Pavel Durov Arrest

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As a seasoned researcher with a keen interest in both technology and finance, I find myself deeply troubled by the recent arrest of Pavel Durov, the founder of Telegram. My professional journey has taken me through various aspects of the tech world, and I’ve always admired Durov’s tenacity and vision in creating platforms that prioritize user privacy.

Last night, a significant development unfolded on social media: the detention of Telegram’s founder, Pavel Durov. Here’s what happened: Upon arriving in France by private jet for refueling, Durov was immediately sought by authorities as he had been wanted just minutes before landing. If found guilty, Durov, who is also a French citizen, could potentially serve up to 20 years in prison due to the nature of the charges against him.

The situation has received an enormous amount of commentary from every respectable figure in the tech space, and crypto in particular. The most interesting of them seems to be the opinion of Vitalik Buterin, the co-founder of Ethereum.

In other words, Buterin voiced worries about potential implications of this arrest on the future of software and free communication within Europe. He implied that this incident underscores a changing trend in technology, where platforms are being closely examined not just for their centralization, but also for failing to adhere to regulatory demands.

It appears that I previously expressed concern about Telegram’s commitment to encryption. However, considering the current information, which suggests that the platform is merely “unmoderated” and not handing over user data, this situation seems extremely concerning and potentially detrimental for the future of software and communication autonomy in Europe.

— vitalik.eth (@VitalikButerin) August 25, 2024

Previously, Buterin has discussed various technological concerns, like political assaults on secure communication platforms, reliant identity structures, and potential dangers associated with monitoring and centralized AI. He asserts that decentralized finance and technology can play a pivotal role in tackling these challenges.

Toncoin (TON) price outlook

Currently, Toncoin (TON), the native token for the Telegram-associated TON blockchain, has experienced a decline of approximately 20%, following recent announcements.

Vitalik Buterin Breaks Silence on Telegram's Pavel Durov Arrest

Currently, I’m observing that each coin is priced at approximately $5.68. Interestingly, there’s been a noticeable decline even in the total value locked within the TON blockchain. In fact, it plummeted from an impressive $790 million to $297 million overnight, which is quite significant.

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2024-08-25 15:17