The toncoin price crash comes after the chief executive of the toncoin-linked Telegram message app, Pavel Durov, was arrested in France.
Toncoin Toncoin , a cryptocurrency rival to bitcoin that boasts a market capitalization of around $14 billion, has suddenly crashed with its price dropping almost 20%.
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The toncoin price crash comes after the chief executive of the toncoin-linked Telegram messaging app, Pavel Durov, was arrested in France.
Local media reported Durov was arrested at Le Bourget Airport following his arrival in country on a private jet as part of a preliminary police investigation.
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Durov is facing a possible indictment on Sunday, according to reports that cited anonymous sources, with the investigation focused on Telegram’s failure to prevent criminal activity on the messaging app.
