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International Business Times

Business

Marvie Basilan

Not So Free: Toncoin Climbs Despite Concerns Over Telegram CEO's France Case

Pavel Durov Telegram Ton Toncoin France Tucker Carlson

Pavel Durov talked to Tucker Carlson earlier this year, reiterating he is committed to free speech. YouTube | Telegram Creator on Elon Musk, Resisting FBI Attacks, and Getting Mugged in California (Credit: Tucker Carlson YouTube/Screenshot)

KEY POINTS

Toncoin increased by nearly 5% Wednesday night after news that Durov has walked free
Some observers said France appears to have made easy money from arresting the Telegram chief
The TON community continues to urge France to set Durov free even as he is no longer detained
Durov is faced with multiple counts related to his alleged failure to prevent Telegram from being used for illegal activities

Toncoin ($TON), the native cryptocurrency of The Open Network (TON), whose first iteration was co-created by Telegram CEO Pavel Durov and his brother Nikolai, climbed Wednesday night after France allowed the tech magnate to walk free under supervised release.

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