Toncoin surges as Pavel Durov leaves France after months
15 Marzo 2025 - 5:30PM
Cointelegraph


The price of Toncoin (TON) surged by over 6%
immediately following the release of Telegram founder Pavel Durov
from France, where the embattled tech founder has been forced to
stay since his arrest in August 2024.
According to CoinMarketCap, the price of TON
has rallied by roughly 18% in the last 24 hours and over 13% in the
last seven days.
Following the news of the Telegram
founder's arrest in France on August 24, 2024, the price of TON
plummeted by over 35%, from roughly $6.88 to $4.44 by September
2024.
The digital asset reached a high of $7.20 on December 4, 2024,
amid a historic rally in the crypto markets in response to the
re-election of
President Donald Trump in the United States.
However, TON's price collapsed by roughly 67% after the
post-election rally, reaching a low of $2.36 on March 11, 2025.
Toncoin’s price action since August 2024. Source:
TradingView
Toncoin is the cryptocurrency of The Open Network, which is
separate from the Telegram platform, but has become a staple for
users of the messaging application.
Durov being
granted approval to leave France was applauded by Telegram and
TON users as a win for freedom of speech, while the debate between
online security and freedom of expression continues to foment.
Related: Wallet in Telegram to list 50 tokens and launch
yield program
Pavel Durov finally allowed to leave France after months
The Telegram founder reportedly secured permission to leave
France on March 13 to travel to Dubai.
According to the AFP news agency, unnamed sources confirmed
Durov's departure from the European country this morning, and other
sources claimed that the Telegram founder was allowed to leave
France for "several weeks."
At this point, it is unclear whether the case has been settled
in French courts or if Durov has only been granted temporary travel
time while the case is arbitrated in the legal system.
A translated statement from the Paris Public Prosecutor’s
Office announcing charges against Telegram founder Pavel Durov.
Source: Jacques
Pezet
French law enforcement officials have accused Telegram of
facilitating illegal activities by failing to censor the messaging
platform and also pressed charges
against Durov — forcing him to remain in France as part of a
bail agreement.
The Telegram founder later characterized the
arrest as unnecessary and said that the company maintains a
representative in the European Union to handle legal requests.
Durov emphasized that he and the company would have gladly
cooperated with French authorities if an appropriate legal request
for help was submitted.
Magazine: Did
Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh
in
...
Continue reading Toncoin surges as Pavel Durov
leaves France after months
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Toncoin surges as Pavel Durov leaves France after
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