TON Skyrockets 20 Percent Durov Relocates

Toncoin Rises 20% Following Pavel Durov’s Temporary Departure

• Pavel Durov, founder of Telegram, received permission to leave France temporarily amid allegations.
• Allegations against Durov include drug trafficking and fraud.
• The Toncoin cryptocurrency surged by approximately 20% following this news.
• Futures liquidations on Toncoin reached $2.75 million within an hour of the announcement.
• Liquidations included $700,000 from long positions and $2 million from short positions.

Pavel Durov’s temporary exit from France led to a swift 20% increase in Toncoin’s value, with futures liquidations hitting $2.75 million shortly after the announcement.