Toncoin Plummets After Telegram Founder Pavel Durov Reportedly Arrested In Paris
Pavel Durov, the founder of Telegram, was reportedly arrested in Paris on Saturday. Former kickboxer Andrew Tate in a tweet revealed the 39-year-old was detained for 'failing to censor the truth on his application'. Officials have not issued a formal statement yet. Toncoin plummeted as soon as Tate's tweet was out.

This development has sent shockwaves through the crypto market, particularly affecting Toncoin's value. As a result of Pavel Durov's reported arrest, Toncoin's price plummeted, reflecting the significant influence he has on the project. Investors should exercise caution and closely monitor the situation, as it may lead to increased market volatility and potentially impact the coin's long-term prospects.