Telegram CEO Faces New Probe In France; Further Delay In Pavel Durov’s Release?

According to the latest reports, the Telegram CEO faces a new investigation in France, fueling speculations over further delay in his release. The report, which cited a source with knowledge of the case, showed that Pavel Durov is being probed on suspicion of “serious acts of violence” against his children. This latest development has sparked discussions in the broader market, especially after reports surfaced on X that he gets freedom from the French authorities.

Telegram CEO Faces New Legal Hurdle In France

The Telegram CEO’s release from French custody has been thrown into uncertainty as he faces a new probe into allegations of “serious acts of violence” against one of his children. According to Barron’s report, the probe was launched by the French child welfare office. The investigation revolves around Durov’s son, who was born in 2017 and now lives in Switzerland.

However, the details of the allegations are not yet confirmed in the report. Despite that, the latest probe update has sparked concerns over a further delay in Pavel Durov’s release in France.

He was arrested at Le Bourget airport outside Paris on Saturday. Recently, he has been transferred from police custody to appear in court today, for facing charges related to his management of Telegram. Notably, the Russian-born CEO has been accused of failing to curb illegal content on the app.

Meanwhile, this latest development has sparked intense discussions in the market. Recent social media reports suggested that Durov has already been released by French authorities, sparking a rally in Toncoin price. However, it was later found that some users had misinterpreted the transfer from police custody as his release. Notably, the new investigation raises questions about the timing and likelihood of his release.

Toncoin Price Remains Stable Despite Crackdown On Telegram

As CoinGape reported recently, French authorities have also issued an arrest warrant for Nikolai Durov, brother and co-founder of Telegram CEO. This marks the latest crackdown on the social networking app by the French regulators.

A Politico report showed that arrest warrants for both brothers were issued on March 25, revealing an investigation that began months before Pavel’s recent arrest. The move has sparked global attention. However, it’s worth noting that the Telegram founder has received immense support on a global scale, including from high-profile figures like Elon Musk.

Meanwhile, despite the recent reports over the probe, the Toncoin price remains stable at $5.56, noting a surge of 2%. Its trading volume over the last 24 hours also surged 73% to $1.32 billion. Notably, the crypto touched a high of $5.89 in the early US hours, after reports emerged that Pavel Durov was freed at last from the France detention.

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Rupam Roy

Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

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