Toncoin bucks market slump as Telegram’s Durov addresses arrest in France

Toncoin, a digital asset tied to Telegram, stood out in a declining market after the app’s founder, Pavel Durov, broke his silence following his arrest in France.
CryptoSlate data shows that Toncoin rose by over 4% in the past 24 hours, reaching $5 before settling around $4.77 at press time.

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Has Telegram violated EU laws, and why has its founder been charged in France?

As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case.

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Tonchain And TON Woes Getting Started? Liquidity Provider Just Sold All Coins

TON, the native currency of Toncoin, a blockchain network, is under immense selling pressure. Despite maintaining its spot in the top 10, the recent dump has sowed doubts and widened cracks in an otherwise solid uptrend.

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Telegram CEO Pavel Durov Arrested By French Police – Will It Impact The TON Ecosystem? | Bitcoinist.com

Pavel Durov, the founder and CEO of Telegram, has been detained by authorities in France. The detention is connected to a search warrant alleging violations of the encrypted messaging platform.

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