Pavel Durov, the founder of the messaging app Telegram, was recently arrested in France. This shocking event caused a big drop in the price of $TON, the cryptocurrency connected to Telegram, falling by 16%.

The Incident of Arrest

Pavel Durov, who is 39 years old, was arrested at an airport in France on August 25, 2024. He was traveling from Azerbaijan when the French police took him into custody at Le Bourget Airport.

The arrest happened because of a French search warrant, which allowed the authorities to stop him once he arrived in France.

Durov’s app, Telegram, has been under investigation for not controlling the content shared on its platform. Authorities believe Telegram’s lack of rules made it easy for criminals to use the app for bad activities like drug dealing, child abuse, and fraud.

What Could Happen Next?

Durov is now facing serious legal problems. He could be charged with:

• Terrorism involvement

• Helping drug traffickers

• Fraud and money laundering

• Allowing harmful content like child abuse on Telegram

French police believe Durov may try to leave the country because he has a lot of money and resources. For this reason, they might keep him in jail until the court decides what to do next.

Impact on TON Cryptocurrency

After news of Durov’s arrest spread, the price of TON cryptocurrency quickly dropped by 16%. Investors are worried about what this could mean for Telegram’s future, and that concern caused the price to fall.

This drop shows how events involving important people in the crypto world can affect the market. Because of the legal problems Telegram is facing, people are unsure about the future of TON and other projects connected to the platform.

What Does This Mean for the Crypto World?

France’s actions against Durov show that the country is serious about cracking down on platforms that allow illegal activities. This could be a sign that other countries will start to follow, putting pressure on apps like Telegram that value digital privacy but are accused of being used for crime.

This case could lead to more strict rules on these kinds of apps around the world, especially if governments decide that they need to do more to stop illegal activities online. This will affect not just Telegram but the entire crypto community.

Conclusion

The arrest of Pavel Durov is a big deal in the tech and crypto worlds. What happens next in the court case will be important for both Telegram and TON cryptocurrency. It also raises bigger questions about how countries handle digital privacy and stopping crime on the internet. Everyone will be watching closely to see how it plays out.