As of 9:25 a.m. on the 26th, the price of TON was trading at $5.79 (832 yen), down 2.63% from 24 hours earlier on the cryptocurrency marketplace CoinMarketCap.
On the 24th (local time), immediately after the news of Durov's arrest in France broke, Toncoin's value plummeted by more than 17% to $5.23 (751 yen).
On the same day, French media, including TF1 TV, reported that Telegram's founder and CEO, Durov, had been arrested that evening at Le Bourget Airport in the suburbs of Paris, France.
CEO Durov was reportedly arrested upon arriving at Le Bourget Airport on a private plane at 8 pm on the same day (3 am on the 25th Japan time).
CEO Durov has accused the company of not taking any special measures despite the fact that Telegram was being misused for various crimes, including money laundering and drug trafficking.
Telegram is the most actively used social networking app in the world, after Facebook, YouTube, WhatsApp, Instagram, TikTok and Wechat.
It is one of the world's leading social media platforms, currently boasting 900 million users and aiming to reach 1 billion by next year.
The 39-year-old Russian-born CEO, Durov, is said to have French nationality. In 2013, he and his brother Nikolai
He is now said to be a billionaire with assets worth over 2 trillion yen.
2024/08/26 11:40 KST
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