• Pavel Durov spoke against the French government's action in a post to his community.
  • Durov claimed that he had been very open to the French authorities and was surprised at their action.
  • TON rose nearly 4% in the past 24 hours.

Telegram CEO Pavel Durov sent an official message to his community on Thursday for the first time since his arrest, claiming it was shocking. Meanwhile, TON's price is up 2% on Thursday and may be set for a recovery following recent events.

Telegram CEO expresses displeasure towards arrest as TON rises

Telegram CEO Pavel Durov spoke to his community today for the first time since his arrest in August. He mentioned that he was arrested and interviewed by French police for four days.

Durov stated that the arrest came as a shock for various reasons, as he has maintained continual compliance with the French government.

Durov mentioned that the authorities accused him of being personally responsible for third parties' illegal use of Telegram. However, he pointed out that he wasn't aware of any attempts by the authorities to investigate the platform.

Durov added that the legal charges placed against him by the government should have gone to the Telegram app itself.

"Using laws from the pre-smartphone era to charge a CEO with crimes committed by third parties on the platform he manages is a misguided approach."

Furthermore, he emphasized Telegram's stand to protect the privacy of its users, referencing past instances with countries like Russia and Iran.

"We are prepared to leave markets that aren't compatible with our principles because we are not doing this for money. We are driven by the intention to bring good and defend the basic rights of people, particularly in places where these rights are violated."

Meanwhile, TON's price has increased by nearly 4% over the past 24 hours. The TON network has witnessed steady declines since Durov's arrest, suffering several outages and seeing declines in tokens on its blockchains.

Although Durov didn't state whether the authorities have released him to leave France, his speech could spark a recovery across the general TON market. Tokens like Notcoin (NOT) and DOGS (DOGS) have begun to show signs of a rebound in the past few hours.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Crypto trading volume declines further, signaling waning trader enthusiasm and market momentum

Crypto trading volume declines further, signaling waning trader enthusiasm and market momentum

The total crypto market capitalization lost $1.01 trillion since January, while Santiment data shows that crypto-wide trading volume has dropped since February’s peak. For a healthier and more sustainable recovery, bulls look for rising prices accompanied by increasing volumes; until trading activity picks up, cautious market sentiment is likely to prevail.

More Cryptocurrencies News
BNB price tops $570 as Binance receives $2 billion investment from Dubai

BNB price tops $570 as Binance receives $2 billion investment from Dubai

BNB price rose as high as $574 on Thursday as markets reacted to news that Binance received major investments from an Abu Dhabi based firm. Derivative markets analysis shows how BNB traders are repositioning amid the latest swings in market sentiment. 

More Binance News
PEPE price outperforming DOGE and SHIB as US CPI boosts Crypto markets

PEPE price outperforming DOGE and SHIB as US CPI boosts Crypto markets

PEPE price crossed the $0.00007 for the first time this week as markets reacted to positive macro market signals. Early insights show crypto traders are displaying high risk appetite at the onset of the current market rally. Could this sustain PEPE price uptrend along with the rest of the memecoin market.

More Pepe News
XRP records slight gains as Ripple's battle with SEC nears end

XRP records slight gains as Ripple's battle with SEC nears end

Ripple's XRP recorded a 2% gain on Wednesday following rumors of the company nearing an agreement with the Securities & Exchange Commission (SEC) to end their four-year legal battle.

More Ripple News
Bitcoin: Will Trump's Strategic Bitcoin Reserve and White House Crypto Summit support BTC recovery?

Bitcoin: Will Trump's Strategic Bitcoin Reserve and White House Crypto Summit support BTC recovery?

Bitcoin price extends its decline on Friday, falling over 5% so far this week. BTC uncertainty and volatility spikes liquidated $1.67 billion as the first-ever White House Crypto Summit takes place on Friday.

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP