Telegram CEO Pavel Durov Breaks Silence Following French Detention, TON Price Soars 6%

Telegram CEO Pavel Durov broke his silence following the French detention which was heavily criticized by the crypto community.

Telegram founder Pavel Durov has spoken out about his recent detention by French authorities, poking holes in their narratives and highlighting his efforts to improve the platform's usage. Following Durov's disclosures, TON price has risen by over 5%.

Telegram CEO Breaks Silence After French Detention

Following the French detention, which sparked widespread criticism within the crypto community, Pavel Durov has finally broken his silence. In a recent Telegram post, Durov stated that he was interrogated by Paris police for four days over allegations that he could be held liable for others' misuse of the platform. He refuted the claims and vowed to enhance the social network's overall use.

“However, we hear voices saying that it’s not enough. Telegram’s abrupt increase in user count to 950M caused growing pains that made it easier for criminals to abuse our platform. That’s why I made it my personal goal to ensure we significantly improve things in this regard. We’ve already started that process internally, and I will share more details on our progress with you very soon.”

According to Durov, the actions of the French authorities are surprising, given that Telegram has a representative in the EU and a public email address for such matters. He also mentioned being a guest at the French consulate in Dubai, highlighting the authorities' various channels of communication. Moreover, he criticized the authorities' misguided approach, which involved targeting the CEO for the actions of third parties on the platform.

Toncoin's price surged after Telegram CEO's statement, fueled by the crypto community's massive support for Durov.

TON Price Surges

Following the Telegram CEO's statement, Toncoin's price experienced a surge. The asset's price is currently trading at $4.7, up over 5% after Durov's post. This spike occurred despite the broader market sentiment, with crypto prices remaining in the red zone. Bitcoin's price and other assets declined, sliding below 3% over the past 24 hours.

In other news, reports surfaced that the Federal Bureau of Investigation (FBI) had placed Durov on a wanted list. However, community notes on X have flagged the reports as false, stating that there are no records of any FBI release regarding Durov.

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