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 […]
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The Paris Public Prosecutor’s Office has disclosed the arrest of Telegram CEO Pavel Durov, who was detained at Le Bourget airport on August 24, 2024. Durov is currently in police custody as part of an extensive judicial investigation. The probe, launched on July 8, 2024, involves multiple serious charges, including complicity in illegal transactions, child […]
Renowned NSA whistleblower Edward Snowden gave his take regarding the recent arrest in France of Telegram founder Pavel Durov. Snowden blasted the French government’s actions, stating that these constituted an “assault on the basic human rights of speech and association.” Snowden called for people to “wake up,” highlighting the attack that world governments have mounted […]
According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France, facing allegations related to facilitating crimes such as fraud, terrorism, and drug trafficking. Polymarket’s $200K Gamble: Will Durov […]
The TON community has reaffirmed its commitment to freedom of speech and decentralization, showing strong support for Telegram founder Pavel Durov following his arrest in France. The community emphasized Durov’s dedication to an open internet and called for collective resilience among its members. TON Community Issues Statement After Pavel Durov’s Arrest The TON community issued […]
The Telegram team said, "Telegram's CEO Pavel Durov has nothing to hide and travels frequently in Europe."
The Telegram messaging platform has issued what appears to be its first official statement concerning the detention of its CEO, Pavel Durov.
Durov’s status remains unclear as French authorities have so far reportedly refused to cooperate with the Russian embassy. As Cointelegraph previously reported, authorities in Paris are scheduled to give an official statement on Monday, Aug. 26.
Telegram’s official statement was posted on Aug. 25 at approximately 12:00PM PST, via the platform’s Telegram News channel. The company expressed its full-throated support for its CEO and wishes for a quick resolution to the situation.
It remains unclear if Durov has been officially arrested or charged.
French authorities are scheduled to issue a statement on the detention of Telegram CEO Pavel Durov on Monday, Aug. 26.
The outspoken billionaire was reportedly detained at an airport outside of Paris on Aug. 24 by French authorities. While initial reports indicated he’d been arrested on a litany of charges related to the Telegram messaging app’s lack of moderation, as of Aug 25, there appears to be no official confirmation that Durov has been placed under arrest or charged with crimes.
According to a report from The Washington Post, authorities in Paris have confirmed that Durov has been “detained” and a statement will be issued on Monday, Aug. 26.
Reports are trickling in via social media, but so far, we haven’t seen any official confirmation.
Telegram CEO Pavel Durov has allegedly been arrested in France on numerous charges related to his operation of the social messaging platform. This comes according to unconfirmed accounts via social media and unverified press reports.
According to the reports, Durov was arrested when his plane landed at the Bourget airport outside Paris. He allegedly faces charges of terrorism, trafficking, conspiracy, fraud, money laundering, and more.
In the wake of the reported, yet still unconfirmed, arrest, the TON cryptocurrency developed by Telegram has taken a more than 10 percent dip from its early Aug. 24 high of $6.86 to $6.07 as of the time of this article’s publication.
The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.
Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first time since his arrest.
On Dec. 29, the same day he was arrested at Singapore’s Changi Airport attempting to leave the country.
gm
— 朱溯 (@zhusu) December 1, 2023
In the 20 minutes after Su’s X post, OX jumped nearly 50% to $0.021 and hit a 63-day high — a price not seen since the day of Su’s Sept. 29 arrest, according to CoinGecko data.
Shortly after the price peak, OX retraced by around 6%.
Su was arrested on Sept.
The order was meant to see Su serve four months’ imprisonment — meaning he wouldn’t be released until next year, though some have speculated he may have been released after a wallet labeled "suzhu.eth" — believed to belong to Su (though unconfirmed) — became active again on Nov.
OPNX, short for Open Exchange, is a platform allowing for the trade of creditor claims from bankrupt crypto companies.
Crypto influencer Ben “BitBoy” Armstrong was released on bail around 8 hours after being booked by Gwinnett County police for loitering and simple assault.
Crypto influencer Ben Armstrong, formerly known as ‘BitBoy,’ reportedly spent the night in the slammer and has been hit with two charges following his conspicuous arrest.
Armstrong, who was taken into custody on Sept. 25 while livestreaming outside a former associate’s house, spent a little over 8 hours in a cell according to the Gwinnett County, Georgia, Sheriff's Office.
The crypto influencer has been released on bail but has been hit with charges of “loitering/prowling” and “simple assault by placing another in fear,” with a bond amount of $2,600 along with $40 of fees.
In Georgia, loitering or prowling generally refers to when a person is “in a place at a time or in a manner not usual for law-abiding individuals under circumstances that warrant a justifiable and reasonable alarm or immediate concern for the safety of persons or property in the vicinity,” according to Georgia-based law firm Lawson & Berry.
The consequences for a prowling and loitering misdemeanor include a fine of up to $1,000, or jail time of up to one year, or both, it added.
Meanwhile, simple assault can involve: “(1) attempt to commit a violent injury to the person of another, or (2) commit an act which places another in reasonable apprehension of immediately receiving a violent injury.”
Similar to loitering, a conviction for simple assault in Georgia is treated as a misdemeanor, though there can be certain situations where this is escalated, said the law firm.
Following his release, Armstrong appeared to mock his punishment stating, “My name is Ben and I’m a loiterer. I did 8 whole hours in the slammer,”
This is the hardest tweet I ever have had to make. I need to make a confession I never imagined I would admit
— Ben Armstrong (@BenArmstrongsX) September 26, 2023
I’m not even really sure if I have the courage to say it but I’m going to do my best
Here it goes: My name is Ben and I’m a loiterer. I did 8 whole hours in the slammer
A few hours later he posted: “I’m taking a week's break from social media,” before adding “No, not because of the memes,” on Sept. 27. Armstrong’s mug shot has been doing the rounds on crypto social media.
— db (@tier10k) September 26, 2023
Related: Ben ‘BitBoy’ Armstrong arrested on livestream over Lambo dispute
On the evening of Sept. 25, Armstrong went to the house of his former associate Carlos Diaz who he alleged had possession of his Lamborghini.
The livestream and general ranting went on for around 19 minutes before the local police turned up and arrested Armstrong.
Crypto trader “EmperorBTC” told his 360,000 X followers that the arrest “should be a lesson for everyone.”
Bitboy being arrested should be a lesson for everyone.
— Emperor (@EmperorBTC) September 26, 2023
1. If you scam, karma will get you. If not now, then someday, but for sure.
2. Money gives you Power but Uncontrolled Power turns you insane.
3. Take care of your mental health, the world is waiting for you to breakdown.
The latest debacle is related to the ongoing dispute between Ben Armstrong and Hit Network which controls the “BitBoy Crypto" brand. The firm and its executives cut ties with Armstrong in August citing issues surrounding substance abuse and financial damage to employees.
Magazine: Get your money back: The weird world of crypto litigation
