Pavel Durov, the founder of messaging app Telegram, is under investigation in Paris for allegations of disseminating criminal content and refusing to provide authorities with information. The investigation involves 12 crimes, including child pornography, drug trafficking, and organized fraud.
Durov, a French-Russian billionaire, initially faced up to 96 hours of police custody. Telegram, with over 900 million users, denies the allegations and states that it complies with EU laws.
Following Durov's arrest, Toncoin, the cryptocurrency linked to Telegram, dropped by 20%. However, the resilience shown by Toncoin suggests a disconnect between Durov's personal situation and the cryptocurrency's future.
The arrest raises concerns about free speech and content moderation policies on tech platforms. French President Emmanuel Macron defends the arrest, while Durov's arrival in France is denied to have been at Macron's invitation.
Encryption remains a contentious issue between tech companies and governments seeking access. Durov's release on bail has caused financial losses for crypto gamblers, but many believe he will honor the release terms.
The arrest has also led to increased user demand for privacy-focused alternatives, as seen with the rise in users on decentralized social media platform Nostr following the detainment.
