Pavel Durov, the big cheese behind Telegram, got permission to leave France for a bit. He’s been battling a lawsuit there, so this is a pretty big deal.
A Quick Recap of the Situation
Last August, French authorities arrested Durov at an airport near Paris. They weren’t happy with how Telegram handles illegal stuff on its platform – things like terrorist content and child pornography. This, despite Telegram boasting over 900 million users. He was charged and released on a hefty bail, but he couldn’t leave the country… until now.
Temporary Freedom in Dubai
Recently, a French court said it’s okay for Durov to take a trip to Dubai. It’s unclear if the charges are dropped, but sources say he’ll be gone for a few weeks. The internet exploded with reactions, especially among crypto fans.
The TON Foundation’s Reaction
The TON Foundation, linked to Telegram’s blockchain project, celebrated the news. They praised Durov’s commitment to free speech and online privacy. They thanked everyone who supported him during this time.
Market Reaction: Toncoin Soars
The news sent Toncoin (TON), the cryptocurrency associated with Telegram’s blockchain, soaring. It jumped by 20%, hitting a high of $3.47 before settling around $3.46.
