French authorities arrest Telegram CEO Durov

Telegram CEO Pavel Durov was arrested late at night at Le Bourget Airport in Paris, France. According to TF1, Durov’s arrest was carried out by the French National Anti-Fraud Office (ONAF) and he is currently in pre-trial detention.

Why was Durov arrested?

Durov was traveling from Azerbaijan to France on a private jet, accompanied by a woman and his bodyguard. TF1 reported that a preliminary investigation by the French agency OFMIN, aimed at preventing the sexual exploitation of children, led to Durov’s arrest. The warrant was only enforceable within France’s borders. Access COINTURK FINANCES to receive the latest financial and business news.

A source described the incident in detail, saying: “He made a mistake tonight. We don’t know why. We don’t know if this flight was just a stopover. But he’s stuck at the moment.”

What charges could Durov face?

After meeting with an investigating judge on Sunday, Durov could face charges including terrorism, drug trafficking, fraud, money laundering, possession of stolen goods and hosting pedophile content. An ONAF official claimed: “Pavel Durov will definitely be arrested. He harbored numerous crimes and criminal elements on the Telegram platform and did nothing to prevent them or cooperate with the authorities.”

Impact on the cryptocurrency market

News of the arrest led to a significant drop in the value of Telegram’s primary network asset, Toncoin (TON), which fell by more than 10%. Market analysts expect Durov’s arrest to have a significant impact on the broader cryptocurrency market.

Important conclusions

  • Ensure you comply with international laws when using digital platforms.
  • Please be aware of the legal implications of traveling due to ongoing investigations.
  • Monitor the crypto market for potential volatility following major arrests or legal action.

Durov’s legal situation is expected to become clearer in the coming days, depending on the length of his detention within the French legal system.

Disclaimer: The information in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Source: https://en.bitcoinhaber.net/french-authorities-detain-telegram-ceo-durov

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