The Russian government has warned France that pursuing criminal charges against Pavel Durov, the founder of Telegram, could be considered “political persecution.” Durov, a Russian-born French citizen, was detained in Paris for allegedly failing to control illegal content on the messaging platform. He was released on bail but must stay in France and report regularly […] Source CryptoX Portal
The executive was taken to hospital; his injuries were not life threatening. Source
In his post, Youssef included a letter in Hebrew from Paul Landes, head of Israel’s National Bureau for Counter Terror Financing, together with a translation. The letter rejects an appeal against a seizure order dating from Nov. 1, 2023, and says funds were transferred from the Dubai Exchange Company in the Gaza Strip to cryptographic wallets “yours among them.” The letter doesn’t identify the recipient. The Dubai Exchange Company was designated a terror organization in 2022, it says. Source
According to a charge sheet published by French authorities earlier this week, Durov is being charged with being complicit in the administration of an online platform allowing illicit transactions, refusing to comply with police requests for documents or other communications in ongoing investigations, being complicit in the dissemination of child exploitation material and a host of other charges. Source
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as […] Source CryptoX Portal
French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on Saturday at Le Bourget airport amid a judicial investigation launched last month concerning 12 alleged […] Source CryptoX Portal
CoinspeakerPolymarket Bettors: Telegram CEO Pavel Durov Faces 78% Chance of Release by October Telegram CEO Pavel Durov’s legal issues have drawn considerable attention in both legal and crypto communities. After his arrest on August 24, 2024, at Le Bourget airport near Paris, Durov remains detained amid a broad investigation. The investigation involves severe allegations like money laundering, drug trafficking, and child exploitation, though French prosecutors have not yet filed formal charges. Source: Polymarket Market analysts and bettors are closely monitoring the situation. Polymarket participants are split on Pavel Durov’s potential…
TON, the blockchain, has more than 350 validators globally, but it is unclear how many of these Telegram operates, if any, the report said. Therefore, it’s not clear “how resilient TON can be in the case that France or any other major governments attempt to attack it or to take it down as part of Durov’s arrest.” Source
As Durov was arrested on Saturday, August 24, 2024, at 8:00 PM local time when his plane landed at Le Bourget airport, a general aviation airport north of Paris, he could be held until Wednesday, August 28, 2024, at 8:00 PM, but bettors have their money on an extended stay. Source
Chris Pavlovski, founder and CEO of Rumble, an independent online video platform, has reported that he left Europe after the arrest of Telegram CEO Pavel Durov. Pavlovski criticized the measures taken against Durov, stating that France had “crossed a red line” by arresting him for not censoring speech. “Rumble will not stand for this behavior […] Source CryptoX Portal