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Telegram founder and CEO Pavel Durov arrested in France by National Anti-Fraud Office: TF1

Telegram founder and CEO Pavel Durov arrested in France by National Anti-Fraud Office: TF1

The BlockThe Block2024/08/23 16:00
By:The Block

Quick Take Telegram’s founder and CEO Pavel Durov was arrested tonight at an airport in France while traveling with a woman and his bodyguard, according to the reputable French news site TF1. Investigators from France’s National Anti-Fraud Office have placed Durov in custody ahead of a possible indictment on Sunday for a wide range of alleged offenses, according to TF1, citing sources close to the case.

Telegram founder and CEO Pavel Durov has been arrested in France and placed in custody by agents of France's National Anti-Fraud Office, according to a report from reputable French news site TF1. 

Durov was reportedly arrested after traveling with a woman and his bodyguard from Azerbaijan to Paris's Le Bourget airport, which exclusively services private jets. Durov was the subject of a search warrant from OFMIN, an investigative agency which combats child sexual exploitation in France, based on a preliminary investigation, according to the report. 

The news report noted that the billionaire Durov typically travels very little in Europe, perhaps in an attempt to avoid being detained in this very way, as the news site noted his arrest warrant was only valid on French territory. "He made a mistake tonight. We don't know why... Was this flight just a stopover? In any case, he's locked up," a source reportedly told TF1 in French .

TF1 predicts that Durov may see an investigating judge on Saturday night before a possible indictment on Sunday for "...multiple offenses: terrorism, drugs, complicity, fraud, money laundering, receiving stolen goods, pedocriminal content," and possibly more. 

"Pavel Durov will end up in pre-trial detention, that's certain...on his platform, he allowed countless offenses and crimes to be committed for which he does nothing to moderate or cooperate," an investigator from France's National Anti-Fraud Office (ONAF), who placed Durov in custody, reportedly told the news site. 

The price of Telegram's native token, Toncoin TON -10.96% , has plummeted nearly 12% on the news as of publishing time.

This is a developing story. French translations provided by Anthropic's Claude AI model. 


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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