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Macron Denies Political Motivation Behind Telegram Founder Pavel Durov's Arrest

Scott Liu

Summary: On August 24, Telegram founder and CEO Pavel Durov was arrested by French authorities at Le Bourget airport north of Paris, sparking significant reactions across social media and within the cryptocurrency community. The arrest is reportedly connected to ongoing investigations involving data privacy and cryptocurrency regulations, raising concerns about the future of Telegram and its ...

On August 24, Telegram founder and CEO Pavel Durov was arrested by French authorities at Le Bourget airport north of Paris, sparking significant reactions across social media and within the cryptocurrency community. The arrest is reportedly connected to ongoing investigations involving data privacy and cryptocurrency regulations, raising concerns about the future of Telegram and its related crypto projects, particularly Toncoin (TON).

Following the news, Toncoin's price experienced a sharp 25% drop as panic selling ensued among investors. Telegram has been instrumental in the promotion and integration of Toncoin within its ecosystem, making Durov a central figure in its narrative. This sudden development has caused uncertainty in the market, leading many to speculate on the potential long-term impact on the token and its community.

French President Emmanuel Macron addressed the situation, emphasizing that Durov's arrest was not politically motivated but rather part of an ongoing judicial process. Despite these assurances, the arrest has generated widespread attention, particularly within the cryptocurrency space, where Telegram has played a pivotal role in promoting blockchain technology and supporting the growth of decentralized projects like Toncoin.

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