16 March 2025
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TON Price Surges Over 20% After Telegram Founder Cleared to Leave France
The TON price has surged over 20%, reclaiming the $3 mark following news of Telegram founder Pavel Durov being allowed to leave France. This development was confirmed by a French court amid ongoing legal issues for Durov.
Key Points
- Durov received permission to leave France, where he faced charges related to organized crime.
- His legal troubles began on August 24, 2024, leading to his detention and subsequent release on $6 million bail.
- A source indicated that Durov has departed for Dubai.
- TON's price reacted positively, increasing to approximately $3.4, an 18% increase in the last 24 hours.
- The cryptocurrency had previously struggled, dropping below $2.5 before this spike.