#TON Coin Drops 17% After Telegram CEO Arrested in France

In a related context, the (TON) coin, which has historical ties and close cooperation with Telegram, was greatly affected after the news spread.

The coin saw a sharp drop from $6.75 to less than $5.5 in less than 12 hours.

Data from CoinGecko shows that the coin is currently down 17% on the day.

This significant decline reflects the extent to which negative news related to Telegram has affected the financial markets associated with it, and raises questions about the future of the coin.