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Yourcoin (TON) jumped more than 7% after Telegram CEO Pavel Durov criticized France for its “misguided approach” in investigating illicit activities following his arrest in the country.
“If a country is not satisfied with an Internet service, the established practice is to take legal action against the service itself,” Durov said in a September 5 statement. message in his official Telegram channel.Using pre-smartphone laws to charge a CEO with crimes committed by third parties on the platform he manages is the wrong approach.
TON was trading at $4.87 as of 2:45 a.m. EST after rising 7% following Durov’s first comments since his arrest.
Durov, a Russian-French billionaire who is the founder and CEO of the messaging app Telegram, was arrested at Le Bourget airport near Paris, France, on August 25.
An arrest warrant was issued against him by a unit of the French national police due to Telegram’s lack of moderation and cooperation with the police in cases such as drug trafficking and child sex crimes, French television channel TF1Info reported.
Pavel Durov surprised by his arrest
The arrest in France took Durov by surprise. He said that Telegram has a legal representative in the region who is responsible for all regulatory requests and investigations, and that his email address is also publicly available and can be retrieved via a Google search.
In addition to being the company’s legal representative, Durov said he was also a frequent guest of the French consulate in Dubai. “Some time ago, when I was asked to personally help them set up a hotline with Telegram to deal with the terrorist threat in France,” he said.
Durov He criticized French authorities for personally accusing him of activities on Telegram. He warned that authorities accusing software developers of third-party abuse of their platforms could stifle innovation.
“No innovator will build new tools if they know they can be held personally liable for any misuse of those tools,” he said.
Difficulty finding the right balance between privacy and security
Durov acknowledged that Telegram is not perfect and that it is not always easy to work with authorities to strike a balance between security and privacy. He added that he has made it a “personal goal” to prevent the handful of people who abuse Telegram from harming the future of the messaging app’s more than 950 million users.
I am still trying to understand what happened in France. But we hear the concerns. I have made it my personal goal to prevent abusers of the Telegram platform from interfering with the future of our more than 950 million users.
My full article below.
— Pavel Durov (@durov) September 5, 2024
Durov, however, said that in cases where the authorities and Telegram fail to reach a compromise, the company “is ready to leave this country.”
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