Russian entrepreneur Pavel Durov, founder of Telegram, has been arrested in France. An event that has triggered a series of chain reactions, both internationally and in the crypto sector, in particular that linked to TON (Telegram Open Network).
The charges are very serious: money laundering, fraud, drug trafficking, child pornography and even terrorism.
Durov, in fact, is considered an accomplice to these and other criminal activities carried out on Telegram. Furthermore, he has always refused to collaborate with the authorities and has not been able to make Telegram more moderate and controlled, precisely because of its nature on user freedom and the protection of personal data.
The arrest has aroused a wide media echo and triggered several reflections on the complex interaction between politics, technology and finance.
In fact, Durov is a Russian citizen, but lives in Dubai (where Telegram is also based). The Russian embassy asked Paris to meet the young billionaire, but France did not accept, sparking Moscow's anger. Elon Musk and Edward Snowden sided with Pavel, as did some users on X who launched the hashtag "freePavel".
Repercussions on the TON market
As expected, following the news, TON has suffered a drop in value of about 19% in the last 7 days (at the time of writing).
Furthermore, it has slipped from eighth place in terms of capitalization to tenth, overtaken by Dogecoin and Tron's TRX. Not far behind is also Cardano, which could rise depending on the evolution of the story.
In conclusion, it is important to remember that TON and its blockchain are not managed directly by Telegram, but are still an integral part of the app. A change of direction is probably expected, which on the one hand would also be considered fair. The presence of illegal content is known to almost all Telegram users and to date not much has been done.
The matter is more serious than it may seem, with implications that go far beyond the individual. The consequences of this event could be felt both at an economic level with other repercussions on the crypto market, and at a political level with possible repercussions on international relations that in recent years have become increasingly complex to manage.
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