[TON tokens associated with Telegram have lost $2.7 billion in market value after the arrest of Telegram CEO] On August 26, according to Bloomberg, the market value of digital assets of blockchain projects related to Telegram Messenger LLP has shrunk by about $2.7 billion, reflecting the uncertainty caused by the detention of Telegram co-founder Pavel Durov. Pavel Durov was reportedly detained at the Paris airport on Saturday for allegedly failing to take measures to prevent Telegram from being used by criminals. Since then, The Open Network's token Toncoin (TON) has fallen by more than 20%. According to data compiled by Bloomberg, as of 10:36 a.m. on Monday in Singapore time, TON narrowed some of its losses and traded at $5.69, but the asset still fell 16% as the Durov incident continued to ferment. Richard Galvin, co-founder of hedge fund DACM, said it was "too early" to judge what long-term impact Durov's detention would have on Telegram. The fund purchased TON tokens in a private round in early 2023. He added that the weekend's market reaction "has temporarily factored that uncertainty into the TON price." The value of assets locked in the TON blockchain surged this year to a peak of $1.1 billion last month, but has now fallen back to $661 million, according to DefiLlama. The price of Toncoin has more than tripled over the past year, with the token currently valued at about $14.4 billion, according to Coingecko.