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

    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

    Hackers say they wiped out $90M from Iran cryptocurrency exchange

    Cryptocurrency

    Forging a Path for Digital Finance

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Smaller calendar awaits as issuers reassess volatile market

    Precious Metal

    China Keeps Adding Gold to Reserves as Challenges Stack Up

    Cryptocurrency

    NEWS: FIUs in France, Germany and Poland focus on cryptocurrency money laundering risks

    Editors Picks

    Beware Of The Government’s Push For A Digital Currency

    October 16, 2024

    Zhejiang China Commodities City Group : hausse de 13 % des bénéfices au premier trimestre, baisse de 8 % des actions

    April 7, 2025

    UK economy slows more than expected as GDP falls 0.3%

    June 12, 2025

    Energy Storage Supports Europe’s Decarbonization

    October 19, 2024
    What's Hot

    Bybit introduces digital rupee payments for Indian users

    July 30, 2024

    Trading vs HODLing: Asia’s cryptocurrency investors play the game

    May 19, 2025

    Revolutionary Cancer Detection Technology to be Presented at IEEE Conference

    October 19, 2024
    Our Picks

    CEO of UK Property Manager Awaze to Leave the Company

    January 31, 2025

    Cardano Price Goes Above $5? — Historical Data Reveals Interesting ADA Trajectory ⋆ ZyCrypto

    August 17, 2024

    Norfund renforce son appui à CrossBoundary Energy en Afrique avec 40 millions $

    January 23, 2025
    Weekly Top

    Gold Cup | Jesse Marsch minimise la dernière procédure disciplinaire de la CONCACAF

    June 20, 2025

    Le président d’Ecofin Global Utilities annoncé son départ lors de la prochaine assemblée générale

    June 20, 2025

    Regal Investments Commits $30 Million to Cryptocurrency Prop Trading Initiative

    June 20, 2025
    Editor's Pick

    Don’t Miss Out These 3 Real World Assets (RWA) Altcoins Set to Surge 3000% in the Upcoming Bull Run

    August 29, 2024

    XAG/USD is looking for direction above the $32.70 support area

    May 30, 2025

    Dhaneshwar Damry : «Le prochain budget comprendra des mesures liées à la Fintech»

    March 28, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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