Following a court order granting Telegram founder Pavel Durov temporary leave from France to travel to Dubai, the price of Toncoin (TON) experienced a 20% surge.
After Pavel Durov, Telegram's CEO, got a temporary leave from France, Toncoin (TON) jumped 20% in price.
Durov had been restricted from international travel since his August 2024 arrest on charges related to content moderation on Telegram
Open interest in TON derivatives reached $169 million, the highest level in 42 days
Despite the recent rally, reports indicate that 96% of TON holders remain at a loss
The case reflects broader tensions between privacy-focused messaging platforms and regulatory authorities.
