Telegram CEO Pavel Durov released a statement on the platform regarding his recent ordeal in police custody. Durov poked holes in the narratives of French authorities while recounting the incident. TON price has moved up over 5% following the disclosures by the social media CEO.
Pavel Durov broke his silence following the French detention which was heavily criticized by the crypto community. In a recent post on Telegram, Durov wrote that he was questioned by the Paris police for four days alleging that he may be responsible for other people’s wrong use of the platform. Debunking the allegations, he pledged to improve the general use of the social network.
“However, we hear voices saying that it’s not enough. Telegram’s abrupt increase in user count to 950M caused growing pains that made it easier for criminals to abuse our platform. That’s why I made it my personal goal to ensure we significantly improve things in this regard. We’ve already started that process internally, and I will share more details on our progress with you very soon.”
According to Durov, the reason for the French authority’s action is surprising because Telegram has a representative in the EU alongside a public email address for the purpose. He added that he was a guest at the French consulate in Dubai stressing that the authorities have diverse ways to reach out. Furthermore, he criticized the misguided approach of authorities because the action was taken against the CEO for actions of third parties on the platform.
The price of Toncoin price soared after Durov received massive support from the crypto community.
Toncoin price spiked after the release by the Telegram CEO. The asset’s price trades at $4.7 surging over 5% after Durov’s post. This spike was against the wider market sentiments as crypto prices continued in the red zone. Bitcoin price and other assets trade downhill sliding below 3% in the past 24 hours.
In a related development, reports emerged that the Federal Bureau of Investigation (FBI) placed Durov on the wanted list. However, community notes on X flagged the reports as false as there were no records of any FBI release on Durov.
Despite the long-term bull market sentiment around Bitcoin (BTC), it has seen renewed selling this…
Bitget has just added 15 tokenized stocks and ETFs as eligible margin assets on the…
The moment people hear "hardware wallet," they feel relaxed because to them, hardware is synonymous…
Bitget has launched Anti-Scam Month 2026, its annual global security initiative that will run throughout…
Coinbase announced launching pre-IPO perpetual futures that track Elon Musk's SpaceX IPO. The announcement comes…
Despite recent support for Hyperliquid (HYPE), crypto trader and BitMEX founder Arthur Hayes has sold…