Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17%
Top Stories Tamfitronics Pavel Durov, the billionaire founder and CEO of Telegram, was arrested on Saturday at Le Bourget Airport near Paris, according to local media reports. Durov, who was arriving from Tehran on his private jet, was detained by local authorities. The investigation against him focuses on the lack of moderators on Telegram, with law enforcement concerned that this has allowed criminal activity to thrive unchecked on the platform.Telegram, known for its strong encryption, has repeatedly refused government demands for a backdoor key, citing user privacy concerns.Following Durov’s arrest, Telegram’s TON token experienced a sharp decline, dipping as much as 18% before stabilizing slightly. At the time of writing, TON is trading at just above $5.71, down 14% in the past few hours.The team behind the TON blockchain responded to the news by assuring...