U.Today – Pavel Durov, a 39-year-old entrepreneur known for creating the Telegram instant messaging service, was arrested on Saturday evening at Le Bourget airport. Under the charges, which include terrorism, drugs, complicity, fraud and money laundering, he faces up to 20 years in prison.
The native TON token, actively used on Telegram, has already reacted, dropping 15% in price and 61.3% in total value locked on the blockchain.
The reaction, of course, stirred up social media and, in particular, the crypto space. Among those who weighed in was Max Keiser, known for his maximalist views on (BTC) and as an advisor to Nayib Bukele, president of El Salvador.
In a new post on X, Keiser stressed that BTC remains the only truly secure cryptocurrency. He noted that other altcoins, such as and , are more susceptible to legal issues, while Bitcoin creator Satoshi Nakamoto remained anonymous to avoid those risks.
The next Bitcoin?
The anonymous Bitcoin co-founder's wisdom regarding his incognito definitely came into focus in new colors yesterday.
However, there is also an opinion that if the authorities succeed in the Durov case, Bitcoin will not survive for long, and if Satoshi Nakamoto's identity could be determined by Interpol methods, he would have been arrested long ago. Either way, BTC is in the crosshairs, some believe.
If Telegram falls, the first cryptocurrency could also fall, even though they are not connected externally or internally. Skeptics believe that the government, having won once, will want to repeat the feast.
This article was originally published on U.Today