Pavel Durov, Telegram CEO, Faces Serious Charges On Money Laundering and Fraud in Paris

The CEO of Telegram, Pavel Durov, is facing 12 major charges from the Paris Judicial Court. These charges include fraud, money laundering, and involvement in the trafficking of child pornography. This declaration follows Durov’s August 24, 2024, arrest at Le Bourget Airport as a part of a larger probe into illegal activity related to the messaging app.

  • Charges Overview: Serious offenses like money laundering, organized fraud, and drug sales are among the charges brought against Durov. Additionally, the court has charged him with having and disseminating pictures of juvenile pornography..
  • Cryptology Tools Allegations: Durov is accused of giving Telegram users access to cryptology tools without the required official authority, which raises questions about his adherence to legal requirements.
  • Detention and Investigation: Durov is still being held until the authorities carry out their July 8, 2024, inquiry. As more evidence is gathered, the prosecution has hinted that the man’s custody might be prolonged.
  • Impact on Toncoin: The digital asset associated with Telegram, Toncoin (TON), had a sharp decline in market value after Durov’s arrest, losing $2.7 billion and dropping out of the top 10 cryptocurrencies.
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Telegram’s Response and Durov’s Detention

Telegram said in a statement that it abides by EU laws and that its methods for content monitoring are “in line with industry standards and continuously enhancing.” Durov “has nothing to conceal and travels throughout Europe frequently,” the business stressed.

“Durov is being held at this time and is expected to go before a court on Saturday evening. He may be detained for questioning for up to four days under French law, after which judges will have to decide whether to charge or free him. He hasn’t been officially charged as of yet.

Reactions and Implications

The incarceration of Durov has infuriated the Russian government, which some officials have described as politically motivated and a sign of the West’s hypocrisy towards freedom of speech. Critics have drawn attention to the irony, though, considering Russia’s prior attempts to obstruct Telegram.

The millionaire founder of X (previously Twitter), Elon Musk, describes himself as a “free speech absolutist,” and he has expressed his support for Durov by tweeting “#freePavel” in the wake of his detention.

The founder of Telegram was recently arrested, which has focused further attention on the platform’s role in supporting illegal activity as well as the continuous difficulties in policing social media and messaging apps. The conclusion of the probe might have a big impact on Telegram, Durov, and the entire digital sector.


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FAQs

What specific charges has Pavel Durov faced?

Durov is accused of a number of offenses, including fraud, money laundering, and dissemination of child pornography.

What prompted the investigation into Durov and Telegram?

Concerns about unlawful activity on the Telegram platform, such as drug trafficking and the dissemination of illicit content, led to the launch of the inquiry.

How has Durov’s arrest affected Toncoin?

After Durov’s arrest, Toncoin saw a sharp drop in market value—it lost $2.7 billion and fell out of the top 10 cryptocurrencies.

What are the potential consequences for Durov if convicted?

Durov can be sentenced to a lengthy prison term if found guilty, based on the seriousness of the charges and the findings of the current inquiry. As things move further and new information comes to light regarding Pavel Durov and Telegram, keep checking back for updates.

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