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The arrest of Pavel Durov has sent shockwaves through the crypto community, leading to a significant drop in the price of $TON , Telegramâs native cryptocurrency. Within an hour of the news breaking, $TONâs price plummeted by 16%, reflecting investor concerns over the future of Telegram and its associated projects.
â€âđ„ Telegram Founder Pavel Durov Arrested in France â€âđ„
Pavel Durov, the founder and CEO of Telegram, was arrested on Saturday evening at Le Bourget airport as he disembarked from his private jet, French news outlet TF1 Info reported. Durov, a 39 years old Franco-Russian, was accompanied by a bodyguard and a woman at the time of his arrest by the Air Transport Gendarmerie.
Durovâs arrest followed his arrival from Azerbaijan and was executed under a French search warrant issued by the OFMIN of the French judicial police, due to his inclusion in the wanted persons file (FPR). The warrant was activated solely upon his presence on French soil. A source close to the investigation told the news outlet, as translated by Google:
He made a blunder this evening. We donât know why ⊠Was this flight just a stopover? In any case, heâs in custody!
Durov has been detained by the National Anti-Fraud Office (ONAF). French authorities accuse Telegram of facilitating crimes such as terrorism, narcotics trafficking, and fraud, among others. A source familiar with the investigation further told the French news outlet:
On his platform, he allowed an incalculable number of offences and crimes to be committed, for which he did nothing to moderate or cooperate.