Toncoin surges as Pavel Durov leaves France after months

The rate of Toncoin (LOAD) leapt over 6% following the release of Telegram creator Pavel Durov from France, where he had actually been obliged to stay given that his arrest in August 2024.

According to CoinMarketCap, the rate of lot has actually rallied by approximately 18% in the last 24 hr and over 13% in the last 7 days.

Following the news of the Telegram creator’s arrest in France on Aug. 24, 2024, the rate of lot dropped by over 35%, from approximately $6.88 to $4.44 by September 2024.

The digital possession reached a high of $7.20 on December 4, 2024, in the middle of a historical rally in the crypto markets in action to the re-election of President Donald Trump in the United States.

Nevertheless, lot’s rate collapsed by approximately 67% after the post-election rally, reaching a low of $2.36 on March 11, 2025.

Toncoin is the cryptocurrency of The Open Network, which is different from the Telegram platform, however has actually ended up being a staple for users of the messaging application.

French district attorneys implicated Durov of running a platform that presumably makes it possible for unlawful activities, according to charges revealed on Aug. 28, 2024.

Durov being given approval to leave France was praised by Telegram and lot users as a win for flexibility of speech, while the dispute in between online security and flexibility of expression continues to foment.

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Pavel Durov lastly enabled to leave France after months

The Telegram creator apparently protected consent to leave France on March 13 to take a trip to Dubai.

According to the AFP news firm, unnamed sources validated Durov’s departure from the European nation today, and other sources declared that the Telegram creator was enabled to leave France for “numerous weeks.”

At this moment, it is uncertain whether the case has actually been settled in French courts or if Durov has actually just been given short-term travel time while the case is arbitrated in the legal system.

French police authorities have actually implicated Telegram of helping with unlawful activities by stopping working to censor the messaging platform and likewise pushed charges versus Durov– requiring him to stay in France as part of a bail contract.

The Telegram creator later on defined the arrest as unneeded and stated that the business keeps an agent in the European Union to manage legal demands.

Durov stressed that he and the business would have happily complied with French authorities if a proper legal demand for assistance was sent.

Publication: Did Telegram’s Pavel Durov devote a criminal activity? Crypto legal representatives weigh in