U.In the present day – Pavel Durov, a 39-year-old entrepreneur finest generally known as the founding father of the moment messaging service Telegram, was arrested at Le Bourget airport on Saturday night time on costs together with terrorism, narcotics, conspiracy, fraud and cash laundering, which carry a most jail sentence of 20 years.
TON, the native token actively utilized by Telegram, has already reacted, dropping in value by 15% and the entire worth locked on the blockchain by 61.3%.
Naturally, the response precipitated a stir on social media, particularly within the cryptocurrency group, with Max Keiser, an advisor to El Salvador's President Najib Bukele, recognized for his excessive views on (BTC), amongst others.
In a brand new publish from X, Kaiser emphasised that BTC is the one really safe cryptocurrency. He famous that Bitcoin and different altcoins akin to Bitcoin are liable to authorized points, however Bitcoin creator Satoshi Nakamoto stays nameless to keep away from such dangers.
What's subsequent for Bitcoin?
The nameless Bitcoin co-founder's cleverness concerning his true id emerged in a brand new approach yesterday.
Nonetheless, some imagine that if the authorities win within the Durov case, Bitcoin won’t final lengthy, and if Interpol's strategies had revealed Satoshi Nakamoto's id, he would have been arrested way back. Both approach, some imagine that BTC is a goal.
If Telegram falls, the unique cryptocurrency may fall too, regardless of the shortage of exterior or inside ties. Skeptics imagine {that a} authorities that has received as soon as will need to win once more.
This text was initially revealed on U.In the present day
