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Showing posts with the label pavel durov

Toncoin (TON) Rallies 28%: New All-Time High In The Horizon

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Toncoin (TON) has displayed an incredible run over the last few days. The asset is up 1.1% in the daily charts, 28.1% in the weekly charts, and 19.8% in the 14-day charts. Despite the rally, TON’s price has dipped 0.2% over the previous month and 11.6% since March 2024 Also Read: Pi Coin Drops 24.13% Overnight—What’s Next for Investors? Source: CoinGecko Toncoin Outperforms The Market Source: Asia Crypto TON is currently outperforming market leaders, such as Bitcoin (BTC), Ripple’s XRP, and Solana (SOL). The resurgence is likely due to TON founder Pavel Durov being allowed to leave France for Dubai for the first time since his arrest in August 2024. Durov was apprehended due to allegations of failure to reduce criminal activity on Telegram. Also Read: Kava Up to 9.86%: Is This 24-Hour Rally Just The Beginning? The crypto market rallied after the latest FOMC meeting. The rally was likely due to The Fed keeping interest rates unchanged. Toncoin (TON) and other assets saw incre...

Telegram CEO Pavel Durov Under Judicial Supervision After Release From French Custody

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Telegram founder and CEO Pavel Durov has been released from custody after being charged by French authorities and is now under judicial supervision. French prosecutors said that Durov was indicted with criminal charges linked to his role at the messaging app, according to a Bloomberg report. Following a court appearance, Durov has been barred from leaving France. He was also required to post 5 million euros in bail to be released from custody. Pavel Durov Accused Of Facilitating Illicit Activities On Telegram Police transported Durov to court after he was detained at a North Paris airport on Aug. 24. After the Telegram founder was arrested, prosecutors said Durov was taken into custody as part of a judicial investigation. Charges against Durov included refusal to communicate to authorities, complicity with illegal activities, criminal association, money laundering and providing cryptology services without prior declaration. Durov allegedly helped spread child pornography and fa...