TON Surges 20% as Telegram Founder Leaves France for Dubai

Pavel Durov, the laminitis of Telegram, has officially near France for Dubai aft a tribunal permitted him to bash so.

On March 13, a French justice approved his petition to alteration his ineligible restrictions, allowing him to permission the state for “several weeks.” 

A root told AFP, “He near France this greeting with the statement of the authorities.” Another root confirmed that helium took disconnected from Le Bourget airdrome adjacent Paris.

Durov got into ineligible occupation successful August past twelvemonth erstwhile helium was arrested successful France. Prosecutors accused him of not doing capable to halt criminals from utilizing Telegram. They claimed the app allowed amerciable transactions and different unlawful activities. 

He was released connected a $5.5 cardinal bail but was ordered to enactment successful the state portion the probe continued. Now, the tribunal has allowed him to leave, though it’s unclear if helium has afloat settled the lawsuit oregon if helium volition person to return.

The quality of his departure made a large interaction connected the crypto market. Toncoin (TON), the cryptocurrency linked to The Open Network (TON), jumped much than 18%, reaching $3.41. The trading measurement besides skyrocketed by 200% to $486 million, and the marketplace headdress climbed to $8.4 billion. 

Durov, who has Russian, French, and UAE passports, has defended himself against the accusations. He insists helium has ever cooperated with authorities. “I was disposable and acceptable to respond to each requests,” helium reportedly told investigators. 

However, French officials argued that Telegram wasn’t doing enough. In a December 2024 interrogation, Durov said, “I did not make Telegram for criminals,” but admitted that immoderate radical misuse the platform.

His determination to Dubai, a metropolis known for its business-friendly environment, has raised questions astir privateness and authorities control. Meanwhile, French officials person not yet issued a ceremonial connection connected the matter.

Also Read: Analyst Says XRP Price Can Hit $15—Here’s Why