A Paris court has charged Telegram CEO Pavel Durov and placed him on conditional release on August 28 after his recent arrest on charges including terrorism and child abuse.
Durov has been charged and placed under judicial supervision, requiring him to pay bail of 5 million euros, report to the police station twice a week, and is banned from leaving French territory. According to To press releases.
The ruling comes after Durov was detained at Le Bourget airport near Paris on August 26 and subsequently transferred to a Paris court. The court ruling revolves around allegations that Durov failed to moderate criminal content on his encrypted messaging platform, Telegram.
Durov was not allowed to leave France.
Durov’s accusations
Durov, a French-Russian billionaire, has faced legal challenges, with French authorities accusing him of complicity in various illegal activities, including child sexual abuse material, cybercrime, and drug trafficking. He has faced 12 alleged charges.
The outcome of this trial will have far-reaching implications for both Durov and Telegram, as the platform has been under scrutiny for its role in facilitating criminal activity.
The arrest led to a sharp decline in TON, the cryptocurrency linked to Telegram, which fell by 20% to $5.3, with its market cap falling to $13.6 billion.
The cryptocurrency community has expressed strong support for Telegram founder Pavel Durov after his arrest in France over allegations of inadequate oversight of criminal activity on the platform.