Breaking: Telegram CEO Pavel Durov allegedly arrested in France

Telegram CEO Pavel Durov has allegedly been arrested in France on numerous charges related to his operation of the social media platform. This comes according to unconfirmed accounts via social media and unverified press reports. 

According to the reports, Durov was arrested when his plane landed at a French airport. He allegedly faces charges of terrorism, trafficking, conspiracy, fraud, money laundering, and more.

In the wake of the reported, yet still unconfirmed, arrest, the TON cryptocurrency developed by Telegram has taken a more than 10 percent dip from its early Aug. 24 high of $6.86 to $6.07 as of the time of this article’s publication.