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.

The swift decline of Toncoin following Pavel Durov's reported arrest highlights the market's sensitivity to regulatory and leadership risks, underscoring the need for investors to stay informed and adapt to rapidly changing circumstances, especially in the crypto space where news can spread and impact prices at incredible speed.