Daily News at a Glance

Durov's Paris Psycho: Arrest, Bail, Departure, Cryptocurrency Storm at the Center of the Political Whirlpool

Looking back to August 24 last year, Telegram founder Pavarot Durov was arrested by French authorities at the Paris airport on charges that Telegram facilitated illegal transactions. If convicted, he will face ten years in prison or a fine of 500,000 euros. Durov quickly paid a $6 million bail and left the detention center, but was restricted from leaving the country. On March 13, things took a turn for the better. Durov was approved by the French court to go to Dubai, which is business-friendly and has no extradition agreement with France. AFP reported that he had been allowed to leave the country, but the details of the court's ruling were unclear. This incident triggered a debate about jurisdiction, privacy and the platform responsibilities of technology companies. After the news came out, the crypto market reacted strongly, and the price of related tokens soared by more than 18%, but neither Durov nor the French government responded. Durov, 40, holds passports from Russia, France and the United Arab Emirates. When he was arrested, the Russian government expressed support. In addition, the Russian founder of the BTC exchange was recently released from a US prison (according to the Wall Street Journal, this was part of the US-Russia prisoner exchange plan). The political game behind it may be far beyond imagination. If Trump and Putin continue to interact, the world may face unprecedented changes.