French President Macron said: The founder of Telegram was arrested due to judicial investigation and there was no political motivation involved.

Telegram founder Durov was arrested in France, and the founder is Russian, which seems to have become politically correct.

Russian official Mizulina believes the United States was behind the arrest. Durov’s arrest was part of a crackdown on Toncoin circulating on Telegram. She said that in this way, the United States will continue its sanctions policy.

After Durov was arrested, TON fell by more than 20%, and also fell out of the top ten in market capitalization. The total locked-up volume on the TON chain also fell by more than 50%, indicating that institutions have serious risk aversion.

Is there still hope for the TON ecosystem?

I think TON has relatively high short-term risks. If you have a weak risk tolerance, it is recommended to come out and observe first.

But its mid- to long-term fundamentals are still there, and the traffic entrance to the Telegram platform will not disappear for the time being. It will be interesting to see how Telegram’s founder resolves its legal issues in the future.

This time TON and NOT prices fell sharply, mainly because of market manipulation and panic. Some people are taking advantage of the negative news about the arrest of TG’s founder to conduct market manipulation.

In addition, this drop occurred over the weekend, and market liquidity was very poor, which amplified panic and further affected currency prices.

There are very complicated political factors behind the arrest of Durov, the founder of Telegram.

Although Durov is the spokesperson of Telegram, his current management rights are relatively limited.

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