TON Price Plunges 17% After Telegram CEO Pavel Durov Arrested in France: Report
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TON Price Plunges 17% After Telegram CEO Pavel Durov Arrested in France: Report

Telegram co-founder and CEO Pavel Durov was arrested in France late Saturday, according to a local media report, after arriving on his private jet from Azerbaijan. As the news spread, the price of Toncoin (TON)—the token of the Telegram-affiliated The Open Network—plunged sharply. The 39-year-old Durov was arrested by France’s National Anti-Fraud Office, reports TF1, over what the publication said were…

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Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
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US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit

The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s […] Source: https://news.bitcoin.com/us-court-denies-krakens-motion-to-dismiss-sec-crypto-securities-lawsuit/