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 sudden arrest of Pavel Durov in Paris, as reported by Andrew Tate, has led to a sharp decline in Toncoin's value, highlighting the close ties between the Telegram founder and the cryptocurrency. The uncertainty surrounding the circumstances of the arrest and potential implications for Telegram's future operations are likely to contribute to Toncoin's market volatility in the short term.