JUST IN: TELEGRAM CEO PAVEL DUROV COULD BE FREED AS EARLY AS WEDNESDAY, ACCORDING TO FRENCH PROSECUTORS - COINDESK

-Durov was detained on August 24, 2024, upon landing at Le Bourget airport, Paris. He faces an investigation linked to alleged crimes on Telegram, including money laundering and drug trafficking.

- No formal charges have been filed against him yet, per reporst. Durov remains in custody as the investigation proceeds.

- Meanwhile, Telegram has denied all allegations against Durov, maintaining that he is being unjustly targeted.

- Despite the possibility of his release this week, Polymarket bettors are not confident. Many believe he may be held until at least the end of September.

- Bettors on Polymarket estimate a 72% chance Durov will be released before October.