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Why was Telegram CEO arrested? What’s next for Toncoin price?

The shocking arrest of Telegram CEO Pavel Durov in France has sent shockwaves across the tech world and beyond. According to a CNBC report, he is accused of facilitating criminal activities through his popular messaging platform. Durov’s detention has sparked a heated debate about state overreach and the future of freedom of expression online.

Another legacy fallout – will it get crypto in trouble? Let’s find out.

Tech titans protest against state censorship

The arrest sparked a fierce reaction, with tech leaders and public figures rushing to Durov’s aid. Elon Musk, who never shies away from controversy, accused governments of targeting Durov for not bowing to their demands. Musk condemned the hypocrisy of the authorities and pointed out that other platforms like Instagram are allowed to continue operating despite serious problems such as child abuse.

Robert F. Kennedy Jr. also spoke out, saying Durov’s arrest was a direct attack on free speech. His comments reflected a growing sentiment that governments are increasingly using legal pressure to silence voices that challenge the status quo.

The #FREEDUROV campaign starts

The controversy has sparked the #FREEDUROV campaign, with supporters calling for his immediate release. Tech leaders like Tron founder Justin Sun have pledged millions to support Durov’s defense, and the campaign is gaining momentum on social media. Sun’s call for a decentralized defense fund underscores the strong ties between Telegram and the broader crypto community and further fuels the fire.

Apple and Telegram: The rumor mill

Adding fuel to the fire, rumors circulated that Apple might remove Telegram from the App Store due to the allegations against Durov. However, these rumors have been debunked and Apple confirmed that there are no such plans. Telegram insists that it follows EU laws and called the allegations against Durov “absurd.” They argue that Durov’s frequent travel and moderation of the platform are common practice and expect the situation to be resolved quickly.

Markets react: Toncoin takes a hit

The arrest has also rocked the markets, with Toncoin (TON) seeing a sharp drop of over 20% before rising back to $5.77. Toncoin’s recent price drop is similar to the behavior of Binance’s BNB token during the legal issues with CEO Changpeng Zhao. BNB fell about 15% before Zhao’s conviction but rose nearly 35% after the market adjusted. Toncoin could see a similar recovery, with the initial panic potentially giving way to a rebound as traders reassess the situation.

Meanwhile, the Telegram ecosystem-pegged token Resistance Dog (REDO) saw a surge of over 160%, showing strong community support despite the market turmoil.

A dangerous precedent?

Durov’s arrest sets a disturbing precedent and raises critical questions about how far governments will go to control online platforms. The legal battle is being closely watched by the world, and many fear it could be just the beginning of a broader crackdown on digital freedom.

By Olivia

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