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Crypto: Arrest of the CEO of Telegram for Pedocrime! TON Down 13%

Sun 25 Aug 2024 ▪ 3 min read ▪ by Eddy S.
Learn Crypto regulation

On August 24, 2024, a shockwave shook the world of technology and social media. Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in France. This arrest, which occurred around 8 PM as he was disembarking from his private jet, immediately triggered a media storm. The Toncoin (TON) cryptocurrency couldn’t withstand the shock and is in free fall!

Crypto Toncoin TON PDG Prison

Pavel Durov arrested for pedocriminality in France!

Durov is accused of complicity in various crimes due to the lack of moderation on Telegram. The French authorities accuse him of facilitating drug trafficking, crimes against children, and fraud. According to them, Telegram’s policies and tools make the platform complicit in these activities by not sufficiently cooperating with law enforcement. This situation will be delicate for the numerous crypto projects developing on the platform, such as Tap 2 Earn by MetaFight.

An arrest warrant, executable only on French soil, was issued against Durov. This situation explains why his trip to France posed a problem, despite his dual French and Russian nationality. The French authorities seized this opportunity to detain him, raising questions about the scope and application of national laws in an international context.

Durov must appear before an investigating judge, facing a series of charges, including terrorism, drug trafficking, pedocriminal content, complicity, money laundering, and fraud. The outcome of this case could redefine the boundaries of content moderation and the responsibility of online platforms.

Crypto: Toncoin (TON) drops by 13%!

Following this arrest, Toncoin ($TON) dropped by 13% and is currently trading around 5,530 dollars! This reflects the uncertainty and concerns of crypto investors about the future of Telegram and its associated projects.

This case highlights the ongoing global debates on the balance between privacy, security, and content moderation on encrypted messaging platforms. The fate of Pavel Durov could well mark a decisive turning point in the history of the internet and the crypto community.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.