TON Foundation confirms Durov is free! TON ecosystem tokens surged 20%, has the felony charge been resolved?

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Telegram founder Pavel Durov was accused of money laundering and organized crime-related charges, and was arrested by French police at the end of August 2024. Later, Pavel Durov was formally indicted, but was released on bail of 5 million euros, but was prohibited from leaving France.

However, last night it was reported that Pavel Durov, who holds passports from Russia, France and the United Arab Emirates, has been temporarily allowed to leave France. The source said the investigating judge approved his departure from France for a few weeks, and another source said Pavel Durov's destination is Dubai.

TON Foundation: Durov has obtained a personal passport to leave the country

In this regard, the TON Foundation issued a statement on the 15th, confirming that Pavel Durov has obtained a personal passport and has been allowed by France to leave freely:

This news marks an important moment of resolution. Telegram, with nearly a billion users, represents a global movement dedicated to preserving communication freedom and inalienable privacy rights. As part of the decentralized TON community, we have always stood with Pavel, supporting his unwavering commitment to defending internet freedom of expression and privacy.

Our commitment to these fundamental principles remains steadfast. We firmly believe that blockchain is a technology of freedom, an innovative tool that can change the way we protect individual rights, and we are proud to be part of this ecosystem that empowers individual freedom and secure communication.

We express our deepest gratitude to the community, the broader tech industry, and all the advocates who have stood up for Pavel and spoken out for freedom of expression.

However, it should be noted that the specific terms of the court ruling are still unclear. Cointelegraph pointed out that it is currently unclear whether Pavel Durov's case has been resolved in the French court, or if Pavel Durov has only been temporarily allowed to leave the country, and further news is still awaited.

Previously, a French prosecutor stated that the case would take at least a year before it would enter the formal trial stage, and any discussion of a settlement agreement would be premature.

TON ecosystem tokens surge

With the news of Pavel Durov being allowed to leave, Coinmarketcap data shows that some tokens in the TON ecosystem have surged, possibly driven by this news:

  • TON rose 20.5% in 24 hours, currently trading at $3.5
  • NOT rose 18.8% in 24 hours, currently trading at $0.002529
  • MVL rose 18.7% in 24 hours, currently trading at $0.003653
  • DOGS rose 12% in 24 hours, currently trading at $0.0001482.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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