Pavel Durov Granted Permission to Leave France
Pavel Durov left France after a court lifted the travel ban. The Telegram founder relocated to Dubai, and Toncoin surged 15% following the news.
Pavel Durov has left France for Dubai after the court lifted restrictions on his departure. The founder of Telegram and VKontakte had been under investigation in France, where a criminal case was opened against him. Despite previous travel limitations, the court granted permission for him to leave.
Durov holds citizenships of the UAE, Russia, France, and Saint Kitts and Nevis. The exact reasons behind the legal proceedings in France have not been officially disclosed, but it is known that they involved multiple allegations. His stay in the country was marked by legal disputes, raising concerns about the future of his projects and potential consequences for Telegram.
Following his move to Dubai, Durov continues to develop his technological ventures. The UAE has become a key hub for his business, as he seeks to distance himself from geopolitical conflicts and regulatory pressures in Europe. Telegram and its affiliated companies already have offices in Dubai.
Toncoin, a cryptocurrency linked to Telegram, saw a rapid surge in value after the news of Durov’s departure. The coin's price rose by 15%, reaching $3.19. Investors reacted positively to Durov’s relocation, which could signal business stability and reduced uncertainty surrounding the company.
This move further highlights Durov’s strategy for global expansion. Telegram continues to grow as one of the leading platforms for communication and data storage, while Toncoin remains an integral part of the messenger’s ecosystem.
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