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Home»Regulation»TON Blockchain Issues Statement Following Arrest of Telegram Founder Pavel Durov
Regulation

TON Blockchain Issues Statement Following Arrest of Telegram Founder Pavel Durov

2024-08-26No Comments2 Mins Read
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TON Blockchain Issues Statement Following Arrest of Telegram Founder Pavel Durov
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Layer-1 blockchain The Open Network (TON) is issuing a statement in support of Telegram founder Pavel Durov after his recent arrest in France.

TON says on the social media platform that its network will continue to run as usual following Durov’s detention over alleged offenses related to the Telegram messaging app.

“As a community committed to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time. Pavel has been a dedicated advocate for these values, and we believe his efforts to promote an open and decentralized internet will continue to inspire millions.

The TON community remains focused on our mission, and we will continue our work to uphold these principles globally. We encourage everyone to stay calm, united, and to keep building as we navigate this situation together.”

According to a report by the BBC, the billionaire was arrested at a French airport after being accused of failing to moderate Telegram for content relating to drugs, fraud and other criminal activities.

Telegram has previously denied the allegation.

The Open Network was originally developed by Telegram in 2018 but was later renamed to Toncoin after being taken over by the TON Foundation, an international group of independent developers.

TON is trading for $5.76 at time of writing, a fractional increase during the last 24 hours.

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See also  Bank of England has no tech skills to issue CBDC yet: Deputy governor
arrest Blockchain Durov Founder Issues Pavel Statement Telegram TON
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