Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Telegram Founder Pavel Durov’s Arrest In France Sparks Reactions From Ethereum Creator Vitalik Buterin And Tron Founder Justin Sun – Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH)
    Cryptocurrency

    Telegram Founder Pavel Durov’s Arrest In France Sparks Reactions From Ethereum Creator Vitalik Buterin And Tron Founder Justin Sun – Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH)

    August 26, 20243 Mins Read


    Prominent voices from the cryptocurrency space reacted to the arrest of the popular messaging app Telegram‘s CEO and founder Pavel Durov in France.

    Ethereum co-founder Vitalik Buterin has expressed concern over the future of software and communication freedom in Europe, following recent developments involving Telegram.

    What Happened: Ethereum ETH/USD co-founder Vitalik Buterin expressed concern over the future of software and communication freedom in Europe via an X post on Sunday.

    Buterin said that he had been critical of Telegram’s encryption previously. Still, the charges brought by the authorities for being “unmoderated” and refusing to hand over user data made the issue appear “very bad.”

    I’ve criticized Telegram before for not being serious with encryption.

    But (given the info available so far: the charge seems to be just being “unmoderated” and not giving up people’s data), this looks very bad and worrying for the future of software and comms freedom in Europe.

    — vitalik.eth (@VitalikButerin) August 25, 2024

    Another well-known blockchain entrepreneur, Justin Sun, also weighed in. The Tron TRX/USD founder proposed a decentralized funding initiative to help Durov in his legal struggles. Sun pledged to donate $1 million to the cause if it garnered sufficient community support.

    We should show the cryptocurrency industry’s unity by organizing a #FreePavel DAO to help Telegram founder Pavel Durov legally gain freedom. I’ll donate $1 million if it’s created in a decentralized way with enough community support. @elonmusk @MarioNawfal

    — H.E. Justin Sun 孙宇晨(hiring) (@justinsuntron) August 25, 2024

    Some users called out Sun’s proposal as a gimmick, saying that money was not the problem for Durov, whose net worth is estimated to be more than $15 billion.

    See Also: Powell’s Rate Cut Signal Sparks Crypto Optimism: Experts Eye Potential Bitcoin Rally

    Why It Matters: These responses came after Durov’s arrest shocked many in the corporate world and those advocating for free speech.

    Durov, a Russian-French billionaire, was apprehended on Saturday evening while traveling on his private jet. The arrest is linked to an ongoing police investigation in France, which is reportedly focused on the lack of moderators on Telegram, allowing criminal activity to persist on the platform

    Tesla CEO Elon Musk, who also runs social platform X, described the developments as “super messed up.”

    Read Next:

    Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

    Photos courtesy: Shutterstock and Flickr

    Market News and Data brought to you by Benzinga APIs

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    France arrests five over cryptocurrency kidnapping

    Cryptocurrency

    SEC-Davao monitoring 4 entities allegedly involved in cryptocurrency scams

    Cryptocurrency

    Russia Developing Cross-Border Digital Payment with BRICS

    Cryptocurrency

    Regal Investments Commits $30 Million to Cryptocurrency Prop Trading Initiative

    Cryptocurrency

    Banks must build trust to thrive in digital age 

    Cryptocurrency

    Could This Surprising Cryptocurrency Become the Next XRP?

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Institute for Agricultural Research urges FG to make agricultural inputs affordable for local farmers

    Precious Metal

    Gold falls ₹150 to ₹88,750 per 10g, silver declines ₹250

    Mark Wiseman appointed Chairman of Alter Domus

    Editors Picks

    Stock Market Today: Dow Futures Hover; Investors Dig Into U.K. Trade Deal, Await News of China Talks — Live Updates – WSJ

    May 9, 2025

    Asian Stocks Echo Wall Street’s Rise on Fed Bets: Markets Wrap

    August 20, 2024

    Techno – Agricultural Supplying Joint Stock Company nomme Can Thi Bich membre indépendant du conseil d’administration

    April 18, 2025

    DraftKings Inc La société reçoit une proposition d’actionnaire de la part du New York City Teachers ? Retirement Systems

    March 26, 2025
    What's Hot

    Building America’s Tomorrow: 3 Long-Haul Investments to Consider

    May 23, 2025

    AGNC Investment’s Book Value Falls. Are Better Days Ahead for the Stock?

    July 28, 2024

    Leveraging the potential of cryptocurrencies and blockchain: Business ideas to try in 2024

    October 22, 2024
    Our Picks

    plus d’un client sur deux paie trop cher, pensez à vérifier la puissance de votre compteur

    February 17, 2025

    How Trump’s second presidency could affect gold

    January 19, 2025

    US Banking Agencies Are Ramping Up Scrutiny of Bank-Fintech Partnerships | Skadden, Arps, Slate, Meagher & Flom LLP

    August 21, 2024
    Weekly Top

    Rencontre avec Tabahi, seul groupe de thrash metal du Pakistan

    June 20, 2025

    Silver Viper finalise l’acquisition du projet aurifère-cuivrique Cimarron

    June 20, 2025

    Russia Developing Cross-Border Digital Payment with BRICS

    June 20, 2025
    Editor's Pick

    Gold is an uncertain certainty amid Trump tariff turmoil

    April 14, 2025

    Pee problems, low energy and envy: The Week in Well+Being

    July 12, 2024

    L’avis de Fisher Investments France sur la surperformance des actions européennes début 2025

    June 4, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.