Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Telegram CEO indicted in France

Telegram CEO indicted in France

BlockworksBlockworks2024/08/29 06:54
By:Blockworks

A French court indicted the executive on charges including organizing or enabling illicit transactions

Telegram CEO Pavel Durov was indicted on Wednesday.

The news was first reported by Bloomberg, and said a French court indicted the executive on charges including organizing or enabling illicit transactions.

A previous press release from Aug. 26 lists the charges Durov is facing, including complicity in offering and selling narcotic substances and distributing child pornography. Durov, as the CEO of Telegram, faces the accusations. 

Newsletter

Subscribe to Blockworks Daily

Subscribe

French authorities also allege that Durov didn’t aid investigations.

The earlier press release also says that Durov has already faced interrogations from the French investigators. 

Durov, who was arrested in France last week, was placed under judicial supervision. He had previously been in police custody. He is unable to leave France at this time. 

Read more: Unpacking crypto’s Telegram situationship

The press release also claims that the judicial investigation was opened in early July. A report from Politico on Wednesday claims that French authorities have also sought an arrest warrant for Durov’s brother, Nikolai Durov.

Durov’s arrest over the weekend led to Telegram -linked Toncoin slipping nearly 20%. The network has also faced multiple outages, including one earlier Wednesday . 

The outage “appears to be due to heavy load attributed to DOGS token minting. TON Core is working on a solution,” Toncoin said. 

Loading Tweet..

Block production had yet to restart at time of publication.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter .

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter .

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags
  • Privacy
  • Telegram
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like