Legal Updates for Cryptocurrency: The New Situation of the Telegram Founder
Le Monde Announces Legal Ruling on Pavel Durov
Cryptocurrency media reported that on June 19, according to sources from Le Monde, the Paris Court of Appeal approved Telegram founder Pavel Durov's limited ability to leave France starting July 10. This billionaire, facing over 12 criminal charges, is now allowed to travel to Dubai – where he has family and the Telegram office – for 14 consecutive days each year. However, this journey must be reported in advance to the presiding judge to comply with strict legal control measures.
New Regulations on the Movement of Cryptocurrency Leaders
Since August 2024, Durov has been restricted from leaving France due to non-compliance with platform content review and refusal to cooperate with the French legal investigation. The requirements include posting a €5 million bail and periodic reporting to the authorities. His legal team has proposed the complete lifting of legal controls on June 3, claiming the current charges are "entirely unfounded." The court's decision to ease the restrictions marks a significant turning point in this protracted 10-month legal battle.
Impact on the Cryptocurrency Market and Investors
The latest legal information has a strong impact on the global cryptocurrency investor sentiment. The court's easing of restrictions opens the possibility for Pavel Durov to return to commercial activities and develop the Telegram platform. This event also sends positive signals for blockchain and cryptocurrency-related projects as investors become increasingly interested in the legal policies affecting major digital currencies. This new status quo could help boost the growth of the cryptocurrency market in the near future.
The Future and Legal Impact on Cryptocurrency Projects
The lifting of restrictions on Durov brings new opportunities for the global cryptocurrency community. The legal trajectory is still shifting, encouraging founders and developers to seize the opportunity to expand projects. Particularly, in the context of increasingly clearer regulatory policies, digital currencies related to Telegram's blockchain project, such as Telegram Open Network (TON), may experience stronger growth in the near future.
Conclusion
The new ruling from the French court is not only a legal victory for Pavel Durov. It is also a ray of hope promoting broader acceptance of cryptocurrency in the global ecosystem. Investors and blockchain developers need to closely monitor these legal developments to devise appropriate strategies, while also seizing new opportunities in the DeFi world.
Source: https://tintucbitcoin.com/durov-thoat-giam-sat-phap-ly-o-phap/
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