TON Blockchain Issues Statement Following Arrest of Telegram Founder Pavel Durov

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 to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time. Pavel has been a dedicated advocate for these values, and we believe his efforts to promote an open and decentralized internet will continue to inspire millions.

The TON community remains focused on our mission, and we will continue our work to uphold these principles globally. We encourage everyone to stay calm, united, and to keep building as we navigate this situation together.”

According to a report by the BBC, the billionaire was arrested at a French airport after being accused of failing to moderate Telegram for content relating to drugs, fraud and other criminal activities.

Telegram has previously denied the allegation.

The Open Network was originally developed by Telegram in 2018 but was later renamed to Toncoin after being taken over by the TON Foundation, an international group of independent developers.

TON is trading for $5.76 at time of writing, a fractional increase during the last 24 hours.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox



Check Price Action



Follow us on X, Facebook and Telegram



Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post TON Blockchain Issues Statement Following Arrest of Telegram Founder Pavel Durov appeared first on The Daily Hodl.