• 01 October, 2024
Market News Toncoin

Telegram CEO’s Arrest in France Sparks 15% Drop in TON Price

Telegram CEO Pavel Durov was arrested in France on Saturday over alleged illegal activities on the platform, including facilitating terrorism, narcotics sales, and fraud, according to reports. France's National Anti-Fraud Office detained the 39-year-old after arriving from Azerbaijan. Following the news, Toncoin (TON), linked to Telegram's The Open Network, saw a sharp 15% drop. Telegram has not yet responded to requests for comment.

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