TON surged by about 20% amid Durov's trip to Dubai
On March 15, media reported Pavel Durov's departure to Dubai.
Against this backdrop, the Toncoin cryptocurrency rose by about 20% within a day.
The volume of liquidations in futures for the asset crossed the $2.75 million mark per hour.
On March 15, 2025, Telegram founder Pavel Durov received permission for a temporary departure from France, where he is accused of several offenses. This was reported by Yahoo Finance, citing several sources from AFP.
According to available information, Durov left France this morning with the authorities' permission. A second source stated that the investigating judge allowed him to leave for "several weeks".
"The judge accepted Durov's request to amend the conditions of his supervision a few days ago," noted a source close to the case.
In light of this news, the Toncoin (TON) cryptocurrency rose by about 20% within an hour. The volume of liquidations in futures for the asset crossed the $2.75 million mark, according to CoinGlass. About $700,000 in liquidations were from long positions, $2 million from short positions. At the time of writing, TON is trading near $3.3:
