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Telegram founder and CEO Pavel Durov has been released from custody after being charged by French authorities and is now under judicial supervision.
French prosecutors said Durov is facing criminal charges linked to his role in the messaging app, according to Bloomberg After appearing in court, Durov was banned from leaving France. He was also required to pay a bail of 5 million euros to be released from custody.
Pavel Durov accused of facilitating illegal activities on Telegram
The police transferred Durov Durov appeared in court after being detained at an airport north of Paris on August 24. After the Telegram founder was arrested, prosecutors said Durov was being held as part of a judicial investigation.
The charges against Durov included refusing to communicate with authorities, complicity in illegal activities, membership in a criminal association, money laundering, and providing encryption services without prior notice.
French prosecutors said Durov helped spread child pornography and facilitated illegal activities via Telegram.
French authorities have come under heavy criticism for Durov’s detention, which many see as an attack on freedom of expression. Supporters of the Telegram CEO, including Edward Snowden, have weighed in.
Arrest @Duroff This assault on the fundamental human rights of expression and association is astonishing and deeply saddening that Macron has stooped to the level of hostage-taking as a means of accessing private communications. This is not only degrading to France, but to the world.
— Edward Snowden (@Snowden) August 25, 2024
In a post on X on August 25, Snowden called Durov’s arrest “an assault on the fundamental human rights of expression and association.” He added that he was “stunned and deeply saddened” that Emmanuel Macron “is taking hostages as a means of accessing private communications.”
TON Meme Coins Up 20% After Durov’s Release
After Durov was released from French police custody, the combined market cap of meme coins surged on ton Blockchain rose More than 20% in the last 24 hours.
Dogs (DOGS), Ton Cat (TCAT), and Tony (TONNY) were among the biggest gainers during the last trading session. TONNY led the rally after surging 87%. Meanwhile, TCAT and DOGS stock prices rose 47% and 22%, respectively.
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