Telegram founder and CEO Pavel Durov was arrested by French authorities on the 24th as he was disembarking from a private plane at Le Bourget Airport in Paris.
The Telegram-based cryptocurrency "The Open Network," which is the 10th largest cryptocurrency by market capitalization, has raised its voice in support of Durov.
Network (TON) fell by about 17% at one point. As of 9:00 a.m. on the 26th, it was trading at around 5.8 dollars (839 yen).
LOffice, the agency that monitors crimes against minors
The OFMIN search warrant was issued against Durov, who is accused of operating Telegram and distributing content on the platform.
The French authorities have accused Durov of using the Telegram platform to carry out fraud, drug trafficking, cybercrime and organized crime activities.
He said he suspects that he allowed a situation that made it possible to commit the crime to be allowed. It has been pointed out that this indictment could lead to a prison sentence of up to 20 years.
Telegram is an OfficialX (formerly Twitter) account, and the company's social media platform is subject to the Digital Services Act and other E
The company said it complies with U.S. laws and that its content management is at industry-standard quality and is constantly being improved. It also said, "The platform or its owner cannot be held responsible for any malicious content on the platform."
"It is unreasonable to hold them responsible for the use of the service," he continued. TON's OfficialX account also stated that "the TON community continues to function fully and there are no problems with its operation."
"We will get through this together, stay calm, unite and keep building," the statement said. Pavel Durov is a former member of Russia and holds French nationality.
The Russian Embassy in France issued the following statement of protest to the French authorities early on the morning of the 25th:
As soon as news of Durov's detention broke, we reached out to the French authorities to find out the reasons for his arrest.
We have asked for an explanation from the French side. We also demand that Mr. Durov's rights be protected and that he be allowed to contact the consulate. At present, the French side has not responded. We are working with Mr. Durov's lawyer.
Various figures in the cryptocurrency industry have also voiced their support for Durov. Ethereum co-founder Vitalik Buterin said:
“I have previously criticised Telegram for not taking crypto seriously. But based on the information we have so far, the allegations seem to be simply that they are not ‘properly content moderated.’”
This is a very bad situation and it has a big impact on the future of freedom of software and communication in Europe.
Others who have voiced their support for Durov include Elon Musk, TRON founder Justin Seung, and Solana co-founder Anatoly Yakovenko.
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2024/08/27 12:02 KST
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