Pavel Durov has been released from France to Dubai: price and future of TON

Pavel Durov left France and headed to Dubai with court permission, reports AFP. He had been in France since August of last year due to various charges.

In the summer of 2024, he was detained in Paris and has since been under investigation for a number of charges, including complicity in drug trafficking, as well as for refusing to provide information requested by authorized bodies.

A few days after Durov's detention, he was released on bail with the obligation to report to the police and was prohibited from leaving France. The reaction of the TON price was immediate, and within minutes of the news breaking, toncoin rose by more than 20%. For a long time, the ton exchange rate had been at the bottom not only due to the news of Pavel's detention but also because of the overall situation in the cryptocurrency market.

What will the price of ton be and how long will it take to recover to the same 6-7 dollars? It is unknown, as it depends on many factors that influence altcoins. #CryptoNewss $TON