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.

It is crucial for companies to have contingency plans in place for such unexpected events, including founder-related issues. Investors should consider diversifying their portfolios to mitigate risks associated with individual leaders.