Pavel Durov's Arrest Stirs the Crypto Space as Bitcoin (BTC) Creator Satoshi Nakamoto's Anonymity Comes into Question

The native token TON, actively used in Telegram, has already reacted, falling 15% in price and 61.3% in total value locked in the blockchain.

Telegram founder Pavel Durov's arrest over the weekend has sparked concerns within the crypto community, with some speculating that Bitcoin (BTC) could be next.

Durov, 39, was reportedly detained at Le Bourget airport on Saturday evening. The charges against him include terrorism, drug use, complicity, fraud and money laundering, and he could face up to 20 years in prison if found guilty.

The news saw the native TON token, which is heavily utilized within Telegram, suffer a 15% price drop. In total, around $61.3 million has been wiped out from the blockchain.

As expected, the development also garnered attention on social media, particularly within the crypto space.

Among those to comment was Max Keiser, who is well known for his maximalist stance on Bitcoin and also serves as an adviser to El Salvador President Nayib Bukele.

In a fresh post on X, Keiser stressed that BTC remains the only cryptocurrency that is truly secure. He highlighted that other altcoins, such as XRP and Cardano, are more prone to facing legal troubles, while Bitcoin's creator, Satoshi Nakamoto, remained anonymous to avoid such risks.

Bitcoin next?

However, there is also the opinion that if the authorities succeed in the Durov case, Bitcoin will not survive for long, and if Satoshi Nakamoto's identity could be determined by Interpol methods, he would have been arrested long ago. Either way, BTC is in the crosshairs, some believe.

If Telegram falls, the first cryptocurrency may also fall, although they are not connected externally or internally. Skeptics believe that the government, having won once, will want to repeat the banquet.

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