Nobody's talking about Pavel Durov's arrest in France yesterday!

So, the CEO of Telegram got arrested by the French police on 24/08/2024. This news hit the TON coin price pretty hard at first, but it bounced back quickly. I managed to take advantage of that price drop. When it dipped to 5.22, I bought in and then sold at 5.80. It was a quick move that paid off for me. Hoping the French authorities and the CEO sort things out soon.

I've been writing some comments in the Russian board. And my first opinion was that Pavel Durov will not go the way of Julian Assange, but will go the way of CZ, because he is a businessman, not a freedom fighter. I'm waiting for the official charges to be announced. __ You're a brilliant trader. Bought at the bottom and sold at the top almost.

There is an existing thread on the arrest of CEO Pavel Durov on the Meta board. The title and link are Owner of Telegram has been arrested recently . Maybe your topic might be suitable in trading or altcoin discussion since you are relating the arrest to TON trading. This shows how events like this could be an opportunity to make some profit. Telegram has released a statement that the CEO has nothing to hide, so let us see how his prosecution will go.

I had no idea, thanks for sharing. Congrats on capitalizing on the price drop of TON coin, that was some quick thinking! I'm curious, do you think this arrest will have any long-term effects on Telegram or the crypto market in general?

https://defillama.com/chain/TON The TVL of the ecosystem is very low, and when you consider that there are a lot of useless memtokens out there, the actual performance of this ecosystem is even lower. Well, Telegram has almost 1 billion users, so those who detained it, first of all, want to control its messenger and not its ecosystem with shitcoins.

Agree that Telegram's massive user base is the main target, not the TON ecosystem. Wondering if this will lead to increased scrutiny on other crypto projects and their founders?

Who do you think will be next? Justin Sun or Elon Musk?   Vitalik Buterin sold his soul to the bankers a long time ago and he is untouchable Cryptocurrencies are already getting special attention in the US and Europe without Pavel Durov.

Telegram has recently become the major base of many airdrops. Few of them have been profitable while many have been a waste of time. That social media platform has also been experiencing high levels of financial scams. Before now, Facebook used to be a scammers' haven, but Telegram has taken over the first position. https://www.financemagnates.com/forex/telegram-whatsapp-lead-on-the-number-of-traders-who-lose-money-to-scams-survey/ The platform has been accused of selling child sexual abuse material, promoting drug trafficking, and fraud, covering organized crime transactions and refusing to provide documents to law enforcement agents. This accusation could have dire consequences on the platform if they are found guilty. A genuine crypto project shouldn't be intimidated by any future scrutiny since there will be an alternative to Telegram.

The charges sound a bit extreme. They've basically try to put on his shoulders every bad thing an user could do on Telegram? Come on... I have the feeling they just try to shake him a little and "convince" him to do with Telegram like FB did with WhatsApp: keep it encrypted only by name, not for real.

I want to ask a simple question why did he go to France? When he knows currently the whole of Europe is against him and his country of origin then why did he go to a country that is known for its stupid laws? He is free now! He had to pay a significant amount to get himself free. I am certain that his arrest and his being out of jail after payment is something related to the war. It will be the only time, that we may see him residing in the US without any problem. The charges of child pornography is not the first that has been put on the founder of a tech giant like Telegram. The authorities have already questioned the owner of Meta and the owner of Twitter. Yet, none of them got to be in jail and have paid any money to secure themselves from the authorities. I guess he got slammed with so many laws and got portrayed as a criminal. Thank to almighty he is out but how long he will be is something that we all need to follow before coming to any conclusion about this issue.

Maybe he felt it would be better to face these charges than to keep running away from prosecution. There is also speculation that he was invited personally by French President Emmanuel Macron but he has denied such a report. He had to pay €5 million as bail, will not leave France and will have to report to the police every two weeks. He seems to have some backups from two countries since he is a citizen of France, UAE and Russia. He will surely be indicted and sentenced with an option to pay a huge fine.

He holds multiple citizenship by saying that I mean he is a citizen of UAE. Recently UAE has cancelled their order to buy 80 Rafale jets. It is all political and his arrest is related to the war happening between Russia and Ukraine. There have been reports wherein he was asked to get all of his tech to France. He did decline it and now he is facing the back stabbing, as this is the new Europe which is a foot soldier employed by the US..

I believe so too, there is also pressure on France, as a lot of people are monitoring this case closely and accusing France of being against freedom and free speech, and it is hard to disagree if you look at the charges against Durov. Telegram isn't the only messaging application that illicit things happen, except these authorities want telegram to spy into chats and groups of their users, while lying to them that they don't.

Nothing is perfect, today's news is September 2 2024, that Pavel Durov, CEO of Telegram, has declared conditional release due to his arrest. As the news source said. So for now Pavel Durov is still under the supervision of the French authorities in the case of the arrest of the CEO of Telegram, even though there are legal guarantees, I am sure this case will not take long and Pavel Durov can resolve all the illegal charges accused by the French authorities.

I don't know, the allegations are very serious and from what I read the last time, he has posted bail but was not allowed the country. And then the whole world is division, there are some groups that supported Durov, sort of a freedom of speech fighter, and then France as the bad guy in this case. On the other hand, some entities treat Durov as the criminals as his Telegram is being used by everyone from pedo to terrorists and he doesn't want to share the information as who is this individuals as they are hiding on his app as convo as encrypted.

I read somewhere his plane needed fuel, so that is why they landed too early and in a bad spot. Really glad to see he is free now, I wasn't checking every day.

https://dailypost.ng/2024/09/06/telegram-ready-to-quit-non-compatible-markets-ceo-durov/ Pavel Durov has made it clear that he is not in business just for money. According to him, one of the main reasons why he is in business is to bring good and defend the basic rights of people. So Telegram will leave any market that is against its guiding principles. He also stated that Telegram is banned in Iran and Russia because the company decided to promote privacy and security. The Telegram CEO also stated that holding inventors responsible for the activities of a third party on their platform is wrong. If inventors know that they will be held responsible for the use of their platform, they may decide not to produce new inventions. It is not possible for a social media platform to weed out all criminals. Hence, his comments may insinuate that Telegram is willing to exit the French market.

I hope he does resolve the issue with the French authorities and leave the country but I don't think his troubles are over yet. The South Korean government is also launching a fresh investigation against him over the distribution of AI generated deepfake sexual contents on telegram, so this could be political motivated. Just as Neuroticfish said, maybe they're trying to force him to do the same thing as Whatsapp. With the current heat coming his way, I don't know how long he can keep up with the fight for privacy and freedom. He left his home country when the Russian government demanded for telegram encryption key because they wanted to surveil users. He's battling with the French authorities while the South Korean government is waiting on the sideline to bounce on him. At the end, he may be forced to give in to the demands of the authorities.

As expected, Pavel Durov started making changes to Telegram after his release. Telegram disables ‘misused’ features as CEO faces criminal charges. This is how the government, under the disguise of law, makes enterprises work for them. If he had not listened to them, then he would have gone to prison for certain and would have lost more money in the name of penalty.

Okay, in other words, you're being told that the privacy of your correspondence may be violated.  If you are not involved in crime and you are not a person to be monitored, nothing will change for you.  It's even better because the scammers will leave the telegram.