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🚨BREAKING: Telegram Founder Pavel Durov Arrested in Paris, Faces 20 Years;
Toncoin DropsPavel Durov, the founder and CEO of Telegram, was detained at Le Bourget Airport in France on Saturday evening.
TON coin powering The Open Network (hence TON) blockchain has dropped 17% on the news.
TON is tightly integrated into Telegram Messenger Messenger with 900M+ users.
French authorities are investigating allegations related to Telegram's alleged facilitation of crimes, including terrorism,drug trafficking, and money laundering.
Durov, who arrived on a private jet, under a warrant for allegedly refusing to cooperate with law enforcement and being implicated in crimes facilitated through Telegram, including terrorism, drug trafficking, and money laundering.
Durov, who holds French citizenship, could face up to 20 years in prison.
The case highlights the ongoing tension between tech companies' commitment to privacy and the need for law enforcement access to combat criminal activity.
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