BREAKING NEWS 🔥🔥🔥 $NOT

ParisCNN  

Telegram founder Pavel Durov is under formal investigation and will not be allowed to leave France, a French prosecutor said in a statement released Wednesday night.

The Russian-born billionaire is being investigated for several suspected offenses related to criminal activity on the platform, including complicity in illegal gang transactions, “laundering of crimes in an organized gang,” and refusal to communicate information to authorities, according to the French prosecutor’s statement.

He must remain in the country under judicial supervision, with a bail set at $5.56 million (5 million euros), and is required to report to the French police station twice a week.