Toncoin (TON), The Open Network's native token, has taken a hit, dropping 20% ​​after Telegram CEO Pavel Durov was arrested in France.
Pavel, who had just stepped off a plane from Azerbaijan, was arrested by French authorities at Le Bourget airport in Paris. Why? They charged him with Telegram’s alleged laxity in content moderation, which they say allowed all sorts of illegal things to happen—fraud, drug trafficking, and even pedophilia.
Not the headlines the crypto community wanted to see.

BITCOIN - Bitcoin remains stuck below $60,000; pundits call September dip a buying opportunity ahead of potential October rally.
Historical data has named September as the worst month for Bitcoin, but experts believe bullish opportunities will arrive afterward.
Market uncertainty continues to haunt, but whales are ramping up their long positions, signaling confidence in a Bitcoin rebound.
Bitcoin (BTC) is currently hovering below $60,000, starting September on a bearish note. However, some experts say this is a golden opportunity for investors to buy the asset.