Telegram CEO is arrested, do you continue investing in tokens in Ton ecosystem?

[KryptoBull]

The TON blockchain has become very popular due to its high speed of 100k tps, Tap-to-Earn memecoins, and the support of Telegram - an application with nearly 1 billion users. The TON ecosystem has also exploded with a total market cap of nearly 20B USD ^[1], once considered a competitor to Solana, Avalanche, BNB chain, or even Ethereum.

However, Telegram CEO Pavel Durov has just been arrested in France and may face multiple charges related to several very serious crimes: complicity with illegal activities, refusal to communicate with authorities, money laundering, criminal association, and providing cryptology services without prior declaration ^[2]. This could have a negative impact on the fate of Telegram globally if other governments also want to censor everything.

This news also negatively impacted the Ton blockchain, with many tokens experiencing price drops: TON fell from 7 USD to 5 USD, and NOT dropped from 0.012 USD to 0.008 USD. Although the decrease was not significant, it still created concerns among investors.

On the other hand, the Telegram community is speaking out in defense of the Telegram CEO and expressing even greater admiration for Telegram and Ton due to the decentralized and unregulated values that both platforms offer. This could potentially drive up the prices of tokens within the Ton ecosystem.

Finally, the pessimists will sell in fear, while the optimists will continue to accumulate to make bigger profits in the uptrend. I don't have any TON or NOT, I'm standing on the sidelines to observe this event and hope that Telegram will continue to exist and develop in the future.

I want to know your opinion on this issue:

• Are you holding any tokens in the Ton ecosystem?
• Did this news make you worry about the future of the Ton blockchain?
• What was your action upon receiving this news: sell/hold/buy tokens?

References:
[1] Coinmarketcap: Toncoin Ecosystem Tokens
[2] French authorities can hold Pavel Durov until Aug. 28
Note:

• My opinion has been presented in a topic, on BitcoinTalk forum.
• This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
• This statement is to avoid accusations of plagiarism.

[bee]

Currently TON is no longer associated with Telegram due to the SEC complaint in the past^[1]. More precisely, it can be said that currently TON is an independent community-based project. Regarding the price of TON which was affected by the news of Durov's arrest, in my assumption it is because many TON ecosystem developers choose Telegram as the main facility for their projects such as games, wallets, automize bots and including the payment method for the Telegram subscription itself.

Is TON worth investing in? Of course it is still a good choice to welcome the next alt season. As I said at the beginning, TON development does not mean it will stop because of the arrest of the former core team. Moreover, I see the hashtag #FREEDUROV as a form of public protest against this arrest.


1. https://www.sec.gov/newsroom/press-releases/2020-146

[_act_]

This statement is to avoid accusations of plagiarism.

As long as you are the owner of the topics, it is not plagiarism. You can just refer to it and you referred to it.

Currently TON is no longer associated with Telegram due to the SEC complaint in the past^[1]. More precisely, it can be said that currently TON is an independent community-based project.

If something happened to telegram today, you will see how Ton will significantly fall. Ton plummet 15% after telegram CEO was arrested. Do not give people such information when you know that the price of Ton can fall because of that.

[Bobcrypto]

Ton has made it very big on it recent launch on the top Tie one exchanges like Binance, Bybit, and Ton link to social network giant, Telegram has the potentials for further growth despite the arrest of the Telegram founder, Mr Pavel Durov in France.
I am not a holder  of Ton token but I think Ton network will overcome the current challenges because Ton platform is also a separate entity from the socal network company, the Telegram.
Again, many crypto firm has experience difficult times in the  past but I think that the Ton ecosystem is will always survive in

[Stompix]

On the other hand, the Telegram community is speaking out in defense of the Telegram CEO and expressing even greater admiration for Telegram and Ton due to the decentralized and unregulated values that both platforms offer. This could potentially drive up the prices of tokens within the Ton ecosystem.

Telegram is not decentralized, one court order and the domain is seized and their servers closed just as with any other website or app.
That's the reason for the dump, TON might be decentralized but it heavily relies on Telegram for the userbase, that gone and the cash flow is no more, so it's the value of the token.
The same would happen to the BNB coin without Binance.

[Dr.Bitcoin_Strange]

This could have a negative impact on the fate of Telegram globally if other governments also want to censor everything.

Negative impact you say, more than 50% of Telegram users already consider the app to be a playground for scammers and malicious activities, and so they always approach with caution and only few users are ignorant of this fact, so I don't see how much harm this can curse on the Telegram app. The worst they can do is place a ban on the Telegram app within their jurisdiction,  which of course we already know that users within that country would still look for other ways to be able to access the Telegram app and still go about their various activity. Yes, some people may also be discouraged to use the app but I don't think the impact would be that much.

[gunhell16]

Honestly, speaking of this TON network right now, I can say that the performance it is doing right now in the crypto space is really good. Although there was a problem in the arrest of Durov, I think that the price value of Ton was not affected because it was somehow recovered.

Now, if I have any other coins invested in the Ton network, yes, I have some holdings, and most of them are meme coins, where it's fine even if I lose, but I hold them long-term.

[dekafee79]

Honestly, speaking of this TON network right now, I can say that the performance it is doing right now in the crypto space is really good. Although there was a problem in the arrest of Durov, I think that the price value of Ton was not affected because it was somehow recovered.

Now, if I have any other coins invested in the Ton network, yes, I have some holdings, and most of them are meme coins, where it's fine even if I lose, but I hold them long-term.

I will not hold meme coins for the long term, only for the short term and medium term. Because I am not sure if the mme coin will have a good future. About the arrest of durov I think this will affect TON, and if the price of TON drops sharply it is certain that coins that use the TON network will suffer.

[Dr.Bitcoin_Strange]

On the other hand, the Telegram community is speaking out in defense of the Telegram CEO and expressing even greater admiration for Telegram and Ton due to the decentralized and unregulated values that both platforms offer. This could potentially drive up the prices of tokens within the Ton ecosystem.

Telegram is not decentralized, one court order and the domain is seized and their servers closed just as with any other website or app.
That's the reason for the dump, TON might be decentralized but it heavily relies on Telegram for the userbase, that gone and the cash flow is no more, so it's the value of the token.
The same would happen to the BNB coin without Binance.

TON and BNB is a totally different case, although the both scenarios may have little similarities but it's not the same, in the case of binance,  the BNB token is directly pegged and is owned by Binance so if anything is to happen to Binance too, maybe a crash or something similar that'll completely take Binance off the market, it's going to have a direct impact on the BNB token as it'll be dragged along with it, this is because most people believe in the BNB token because of their trust in the potentials of Binance so if Binance is to leave the market, BNB holders would lose that trust on the token and start selling. But in the Case of TON, it's totally different, because the TON ecosystem isn't directly affiliated with the Telegram app, it's just one of their major market place, and if Telegram is to leave the market, TON can simply sort for alternatives, but it's users wouldn't totally lose their trust on the network, it'll only be a matter of time and they'll recover.

[robelneo]

But in the Case of TON, it's totally different, because the TON ecosystem isn't directly affiliated with the Telegram app, it's just one of their major market place, and if Telegram is to leave the market, TON can simply sort for alternatives, but it's users wouldn't totally lose their trust on the network, it'll only be a matter of time and they'll recover.

Ton is doing great with Telegram as its the preferred choice of applications on Telegram platform, I see a significant drop if Telegram ceases to exist, Ton becomes popular because of platform's on Telegram Although there is a huge drop of Ton based projects, the community is very hopeful that everything ends well with Pavel.

I wonder if things could have been different if Pavel decided not to travel to France to avoid arrest and added some features to avoid clashing against countries like France, it seems Telegram future is on balance right now.

[0t3p0t]

1. Are you holding any tokens in the Ton ecosystem?

2. Did this news make you worry about the future of the Ton blockchain?

3. What was your action upon receiving this news: sell/hold/buy tokens?

1. Nah, I don't have enough funds to buy some of it's tokens under the Ton ecosystem but if money is not a problem then why not?
2. Not really, as Ton has already been added to the blockchain and devs are the only thing that is compromised currently and things will change in the long run so I don't think there is something to worry about it. I think the only thing we need to worry is that owning nothing from this network would make us regret in the future who knows. Buy some when it crash and you will get it all paid in the future.
3. Since I don't have some then I don't care about the news but I was just feeling sorry for the Durov who has been arrested hopefully they will make it out.

[rdluffy]

Like you, I can say that I'm also neutral, or on the “sidelines” hehehe
I didn't invest in TON and my DOGS airdrop was so small that it didn't even bother to transfer
We have a similarity with BNB and CZ who is also under arrest, but the accusations against Pavel Durov are more aggressive and the whole issue of privacy and even Russia with France may come into play
But whatever happens, I believe that if the developers continue with the project, TON will thrive, just as we've seen with Solana

I believe that the price could fluctuate a lot as good or bad news comes out about the founder, due to speculation, but in the long run I believe that they will be able to keep the network and the coins running well

[Publictalk792]

TON and BNB is a totally different case, although the both scenarios may have little similarities but it's not the same, in the case of binance,  the BNB token is directly pegged and is owned by Binance so if anything is to happen to Binance too, maybe a crash or something similar that'll completely take Binance off the market, it's going to have a direct impact on the BNB token as it'll be dragged along with it, this is because most people believe in the BNB token because of their trust in the potentials of Binance so if Binance is to leave the market, BNB holders would lose that trust on the token and start selling. But in the Case of TON, it's totally different, because the TON ecosystem isn't directly affiliated with the Telegram app, it's just one of their major market place, and if Telegram is to leave the market, TON can simply sort for alternatives, but it's users wouldn't totally lose their trust on the network, it'll only be a matter of time and they'll recover.

Yes you are totally right TON and BNB are different cases. BNB value is closely connected to Binance success. If Binance fails or leaves market BNB will likely suffer because people will lose trust in it. This is because BNB value comes from its connection to Binance.

And on the other side TON is different. Its ecosystem does not rely directly on Telegram even though Telegram is big marketplace for TON. If Telegram leaves the market TON can find new partners and adapt. This means users won't lose trust in TON, and it will recover quickly. This shows that TON is stronger than BNB which relies too much on Binance success.

[JISAN]

TON network has become congested due to dogs paying huge amount of users yesterday, so currently TON Withdraw from all exchanges has been suspended. However, TON is a very potential coin and has great potential to become a big competitor of SOLANA and BNB in ​​the future. Due to this, there are various conspiracies against TON. As a result, the CEO of Telegram was arrested. And that's why all Telegram supporters are giving different statuses on social media for its release.  And Elon Musk also gave status to X to release him

[Crwth]

If you are interested in making profits with this news, it's safe to say that you can buy at this low point and wait for the verdict in the CEO case. If it happens to be a positive thing like being released in custody, that would be a tremendous run-up, but if it goes down, that would be a great sale again.

In my opinion, this would depend on how you look at it.