Crypto Blog
Pavel Durov, the founder and CEO of Telegram, was reportedly arrested in France on Saturday evening after getting out of his private jet.Although he has French and UAE passports, the Russian embassy said it had taken “immediate steps” to clarify the situation.
According to the media sources, Durov’s arrest was strongly related to “suspicious” activities by the messaging app he runs. Some of the offenses he could face are as follows: terrorism, narcotics, complicity, fraud, and money laundering. It’s worth noting that Toncoin, which has strong history and current relationships with Telegram, plummeted after the news came out.
TON dumped from $6.75 to under $5.5 in less than 12 hours. Data from CoinGecko shows that the asset is currently down by 19% on a daily scale.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Margex Announces Integration of TON (Toncoin) for Deposits and WithdrawalsCrypto Blog
Read more »
Toncoin (TON) Outperforms BTC, XRP and DOGE, What Next?Toncoin (TON) steals show from BTC, XRP and DOGE
Read more »
Why NOT and TON could rally in double-digits, Binance Launchpool lists ToncoinNotcoin (NOT), a play-to-earn token integrated into the TON ecosystem, extended gains by 10% on Wednesday.
Read more »
Toncoin (TON) Skyrockets 15% as Whales Make Big MovesTON has surged nearly 15%, extending its rebound since week's start
Read more »
Toncoin (TON) Dusts BTC, XRP and ADA in Weekly GainsToncoin shines again as market enters mild bearish mode
Read more »
Here is why TON rallies 11%Toncoin (TON) trades 11.8% higher at $6.07 on Thursday following Binance’s announcement of the TON token listing.
Read more »