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France and India Investigate Telegram for Alleged Criminal Activities, TON Coin Price Drops Over 20%

王林
Release: 2024-08-28 00:16:11
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Less than a week after the arrest of Telegram CEO Pavel Durov in France over the weekend, a report has emerged that the Indian government is investigating the messaging platform over alleged criminal activities, including extortion and gambling.

France and India Investigate Telegram for Alleged Criminal Activities, TON Coin Price Drops Over 20%

France and India are both investigating Telegram for alleged criminal activities, such as extortion and gambling, which has led to a decrease in Toncoin's price.

France arrested Telegram CEO Pavel Durov last week, and now a report claims that the Indian government is also looking into the messaging platform for alleged criminal activities, such as extortion and gambling.

The investigation into Telegram, which does not have a physical presence in India, is being carried out by the Ministry of Home Affairs and the Ministry of Electronics and Information Technology (MeitY).

According to MeitY, Telegram is adhering to IT regulations and submitting monthly compliance reports.

The investigation into Durov in Paris and the ongoing probe into the Telegram platform in India are generating negative publicity for the Toncoin ecosystem.

Toncoin has already been overshadowed by Dogecoin (DOGE) and Tron (TRX) in the wake of the Durov investigation in Paris.

According to recent market data, TON’s price has decreased over 20% in the past seven days, trading at around $5.43 on Tuesday.

The possibility of Telegram being shut down in different regions has sparked concern among the Toncoin community about the platform’s long-term viability.

Many Toncoin-based Web3 projects, such as Hamster Combat and Notcoin (NOT), rely on Telegram to engage and expand their user base.

Due to these concerns, TON holders should closely monitor the outcome of the investigations in both France and India.

Supporters of free speech, including tech billionaire Elon Musk, have criticized the investigation into Telegram.

The platform is gaining popularity as an alternative to Meta’s WhatsApp and Facebook Messenger, which have been accused of suppressing content.

Only time will tell the fate of Telegram, whether this once-rising star will continue to shine or if the controversy will mark its end.

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