BPOI Banner
Toncoin (TON) Plummets 19% Amid Reports About Telegram CEO's Arrest in France Toncoin (TON) Plummets 19% Amid Reports About Telegram CEO's Arrest in France

Toncoin (TON) Plummets 19% Amid Reports About Telegram CEO’s Arrest in France

Pavel Durov, the founder and CEO of Telegram, was reportedly arrested in France on Saturday evening after getting out of his private jet.

Local media said the reason for his apprehension was related to offenses committed by the popular messaging app.

Citing unnamed sources, TF1info broke the news on Saturday evening, claiming that Durov was arrested at Le Bourget Airport, located northeast of Paris.

Although he has French and UAE passports, the Russian embassy said it had taken “immediate steps” to clarify the situation.

According to the media sources, Durov’s arrest was strongly related to “suspicious” activities by the messaging app he runs. Some of the offenses he could face are as follows: terrorism, narcotics, complicity, fraud, and money laundering.

It’s worth noting that Toncoin, which has strong history and current relationships with Telegram, plummeted after the news came out.

TON dumped from $6.75 to under $5.5 in less than 12 hours. Data from CoinGecko shows that the asset is currently down by 19% on a daily scale.

TONUSD. Source: CoinGecko
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Source link

Jordan Lyanchev

https://cryptopotato.com/toncoin-ton-plummets-19-amid-reports-about-telegram-ceos-arrest-in-france/

2024-08-25 07:43:39

bitcoin
Bitcoin (BTC) $ 92,922.90 2.85%
ethereum
Ethereum (ETH) $ 3,276.88 1.55%
tether
Tether (USDT) $ 0.998857 0.06%
xrp
XRP (XRP) $ 2.14 4.04%
bnb
BNB (BNB) $ 674.28 2.34%
solana
Solana (SOL) $ 181.35 0.61%
dogecoin
Dogecoin (DOGE) $ 0.305458 2.99%
usd-coin
USDC (USDC) $ 0.999222 0.15%
staked-ether
Lido Staked Ether (STETH) $ 3,270.94 1.18%
cardano
Cardano (ADA) $ 0.866658 3.06%
tron
TRON (TRX) $ 0.247446 0.49%
avalanche-2
Avalanche (AVAX) $ 35.87 3.53%
chainlink
Chainlink (LINK) $ 22.18 0.66%
the-open-network
Toncoin (TON) $ 5.40 0.18%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,891.05 1.10%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 1.86%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 92,824.87 2.62%
sui
Sui (SUI) $ 4.14 3.93%
stellar
Stellar (XLM) $ 0.349738 2.74%
polkadot
Polkadot (DOT) $ 6.88 0.70%
hedera-hashgraph
Hedera (HBAR) $ 0.265661 0.88%
hyperliquid
Hyperliquid (HYPE) $ 27.79 11.45%
weth
WETH (WETH) $ 3,280.85 1.45%
leo-token
LEO Token (LEO) $ 9.41 0.97%
bitcoin-cash
Bitcoin Cash (BCH) $ 432.96 3.38%
uniswap
Uniswap (UNI) $ 13.38 4.13%
litecoin
Litecoin (LTC) $ 99.68 1.34%
pepe
Pepe (PEPE) $ 0.000017 1.07%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,461.66 1.30%
near
NEAR Protocol (NEAR) $ 5.03 0.57%
ethena-usde
Ethena USDe (USDE) $ 0.997998 0.22%
bitget-token
Bitget Token (BGB) $ 4.00 3.53%
usds
USDS (USDS) $ 0.997486 0.28%
aave
Aave (AAVE) $ 337.06 9.79%
aptos
Aptos (APT) $ 9.05 2.77%
internet-computer
Internet Computer (ICP) $ 9.93 0.38%
crypto-com-chain
Cronos (CRO) $ 0.154184 2.04%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.466232 2.65%
ethereum-classic
Ethereum Classic (ETC) $ 25.96 0.58%
mantle
Mantle (MNT) $ 1.16 1.26%
vechain
VeChain (VET) $ 0.045035 1.72%
render-token
Render (RENDER) $ 6.95 1.91%
whitebit
WhiteBIT Coin (WBT) $ 24.33 0.11%
monero
Monero (XMR) $ 188.93 1.42%
dai
Dai (DAI) $ 0.999384 0.14%
mantra-dao
MANTRA (OM) $ 3.48 5.72%
bittensor
Bittensor (TAO) $ 445.03 2.83%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.25 1.70%
arbitrum
Arbitrum (ARB) $ 0.750944 0.08%
filecoin
Filecoin (FIL) $ 4.85 0.77%