The value of the Toncoin cryptocurrency plummeted amid the news of the arrest of Telegram founder Pavel Durov in France. In the first hours, the price fell by more than 15%.
Author:
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Half an hour after the first reports of Durov’s arrest were published, the cost of the cryptocurrency, for which payments are made via Telegram, dropped from $6.79 to $5.93 per token.
Photo: Crypto.com
At 11:05 on August 25, the token price is $5.28. The price change in the past 24 hours exceeds 21%.
On the evening of August 24, according to French television channel TF1, the director of Telegram was arrested at Le Bourget airport as part of a preliminary investigation.
The businessman is suspected of involvement in drug trafficking, fraud and other crimes due to insufficient moderation of Telegram and cooperation with authorities.
Author:
Akhmed Sadulayev
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
