The company says its CEO has nothing to hide as Toncoin's losses subside.
Messaging app Telegram said that it is fully complies with European Union law and its content moderation practices are within"industry norms."
The statement comes a day after its CEO was arrested at a French airport by local authorities. Durov's arrest comes as a result of a criminal complaint focused on the platform's moderation practices, which French law enforcement deems to be insufficient. "It is absurd to claim that a platform or its owner are responsible for abuse of that platform," Telegram said in a published statement.
In its statement, Telegram linked to a March 2024 post from Durov, which predicted that the company would face some sort of challenge in its growth because of moderation practices.
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