What will happen to Toncoin in connection with the arrest of Pavel Durov?

💻 News about TON coin: the future of The Open Network in connection with the arrest of Pavel Durov

🟥 On August 24, Pavel Durov was arrested in France. Catastrophic news for users of the Telegram platform, investors in TONCOIN and users of products based on the TON blockchain spread around the world at lightning speed. The trading market is filled with bustle, fear and misunderstanding of the situation.

👉 Therefore, to clarify, what will happen to TON and is it worth buying TON COIN now? our experts have collected specific arguments, forecasts and experience in this article. Stay tuned.

❌️ Detention of Pavel Durov in France: why was he arrested?

A criminal case against the founder of the VKontakte and Telegram platforms was opened on July 8, 2024. At that time, the entrepreneur was in Azerbaijan. There are rumors that Pavel Durov wanted to meet with the President of the Russian Federation. But he failed in his connection attempt. After returning to France, on August 24 he was detained at the airport. 👉 The main reason for the arrest was the refusal to cooperate with the French authorities, namely the refusal to provide encrypted data to Telegram. In addition, Pavel Durov is accused of at least 12 criminal violations, including:

• ❗️fraud
• ❗️drug trafficking
• ❗️distribution of prohibited information
• ❗️terrorist propaganda
• ❗️cyber crimes
• ❗️ Scam, etc.

Law enforcement agencies claim that Durov could be arrested for more than 20 years of complete imprisonment and confiscation of property. French President Emmanuel Macron personally stated that the detention of the programmer had nothing to do with political issues. The owner of platform X (Twitter) also expressed his opinion; he published a post on the platform calling for the release of Durov. For now  the arrest of Telegram founder Pavel Durov has been extended until all the circumstances are clarified.

❓️Like arrest Pavel Durova influenced cryptocurrency TON?

Against the backdrop of Pavel Durov’s delay, rapidly not only TON has fallen in price, but also all the coins associated with it. Tokens that worked on the TON blockchain network also suffered a collapse in all categories. The exchange rate before the arrest was 6.8 dollars, and sharply decreased after the news by 20%. Currently, the price of TON is $5.47 per unit. Market capitalization fell by $2 billion. All ratings have disappeared.

😱 TON collapse and impact on NotCoin

A big blow for investors is also the instability and uncertainty of the main cryptocurrency coin NOTCOIN, which has already been listed on exchanges. The coin fell by minus 25%, now the price is $0.008897 per token. The chart continues to hold lower positions. 

☝️ Expert recommendations: toWhat should investors and users do?

Users are uncertain in their choice of what to do with NOT and TON coins. After all, there are several options for the development of events:

1. 🔴Completely sell all tokensto keep at least part of your earnings.
2. 🟡Wait for the situation to become clearer and do nothing with the assets.
3. 🟢Buy tokens while the price is low and win when the rate goes up.

Any of the above options will be a plus. Here you just need to make a choice. 

🟥 Need help? If you have difficulty making a decision, you definitely need advice from a specialist in the field of finance and investment. Our portal has all the capabilities to help with your choice. After all, in personal communication we can provide much more useful information. You can leave your contact details feedback form.

♻️ Prospects for TON and the future of Pavel Durov

The market repeatedly experiences currency drawdowns among major players, which entails the consequences of a decline in tied assets.

In the case of Pavel Durov, his limited freedoms did not in any way affect the operation of the Telegram platform or the mining of TON and NOT coins. The exchange rate has decreased, this is just a side effect of the fact thatthen it became known about the detention of Pal Durov.

Especially TON cryptocurrency is a decentralized blockchain project that is managed by the entire community of The Open Network. Therefore, direct and indirect connections of the founder can only partially affect the stability of the pricing policy. Moreover, investors themselves set the tone for cryptocurrency.

🟩 If you need more information about the situation with Pavel Durov and the consequences of the TON movement, contact our portal managers. Employees will be able to notify you about the latest news, thanks to which your assets in the market will only increase. After all, you want to be a successful investor.