Potential Drop in TON After Durov’s Arrest

🟥 Financial analyst Vladislav Antonov from BitRiver reported that the price of Toncoin (TON) may fall below $4.5 following the arrest of its founder, Pavel Durov. On August 24, the entrepreneur was detained at Le Bourget Airport at the request of France’s child protection crime agency.

🟥 Durov could face charges related to several crimes, including drug trafficking, crimes against children, money laundering, and fraud. As noted by French lawyer Alain Duflo, the founder of Telegram could theoretically face up to 20 years in prison.