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

    Digital Currencies in iGaming: Use, Security, and Profitability

    Cryptocurrency

    Thailand’s Digital Economy and Society Ministry explains money trail suspension, not account seizure

    Cryptocurrency

    Pakistan Launches Trial of National Digital Currency

    Cryptocurrency

    Ballet Announces Over $1 Billion in Crypto Assets Secured by Its Users, as the Cryptocurrency Wallet Company Marks Its Sixth Anniversary

    Cryptocurrency

    Black Mirror cryptocurrency skyrockets then crashes after market launch

    Cryptocurrency

    X gets stay on temporary orders requiring it to reinstate account of cryptocurrency analyst – The Irish Times

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Is CITIC Metal Co., Ltd’s (SHSE:601061) Stock’s Recent Performance Being Led By Its Attractive Financial Prospects?

    Cryptocurrency

    Drummond opposes SEC power to regulate cryptocurrency

    Cryptocurrency

    Cryptocurrency Crumbles: Alexandria Collapse and the Fall of Celsius

    Editors Picks

    Where are Precious Metals Heading in Q3 and Beyond? — TradingView News

    July 11, 2024

    Yuexiu Property conclut un accord de prêt à terme de 1,45 milliard HK$

    July 14, 2025

    Djamo vise un nouveau marché avant fin 2025, annonce Hassan Bourgi

    July 17, 2025

    FDACS Announces 2025 Florida Agricultural Hall of Fame Inductees

    October 23, 2024
    What's Hot

    Filip Nowacki: Jersey swimmer wins 100m breaststroke gold at World Junior Championships

    August 20, 2025

    Les bénéfices de Jiangxi Copper pour 2024 augmentent de 7%.

    March 27, 2025

    Challenger Gold Insider Ups Holding During Year

    October 17, 2024
    Our Picks

    Argentina’s Milei under scrutiny over cryptocurrency post in suspected rug pull scam

    February 15, 2025

    Fountain’s new online utilities portal now open | Government

    July 22, 2024

    Metal Gear Solid Delta’s Fox Hunt multiplayer mode gets loose launch window

    August 8, 2025
    Weekly Top

    UK households can save £241 on energy bills with one switch

    September 14, 2025

    Windsor’s ring of steel for Trump: Metal fences are secured ahead of US State visit this week

    September 14, 2025

    Tokyo 2025: Seville wins gold, Thompson second in 100m final

    September 14, 2025
    Editor's Pick

    Ex-SEC Atty, Fintech GC Joins Stradling’s Securities Team

    October 23, 2024

    Pinnacle Financial Partners, Tarkenton Companies et Gener8tor lancent un accélérateur Fintech pour les fondateurs sous-représentés à Atlanta

    May 15, 2025

    Ces nouveaux muscles artificiels pourraient révolutionner la robotique

    March 18, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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