Pavel Durov, the 39-year-old founder and CEO of Telegram, was recently arrested in France at the Le Bourget airport. Durov, a French-Russian national, ended up detained by the Air Transport Gendarmerie after arriving in the country and exiting from his private jet.
Telegram CEO arrested upon arriving to France
The Telegram CEO was arrested just as he arrived in France from Azerbaijan. According to French authorities, he was listed in the Wanted Persons File as a wanted person due to certain allegations against the messaging app.
Specifically, some of the platform’s features, such as the lack of content moderation, the use of disposable numbers, cryptos, and alike, have allegedly led to illegal activities like drug trafficking, fraud, and even child abuse crimes.
Durov’s arrest also sent shockwaves throughout the crypto community, which resulted in a major 16% drop in Toncoin’s (TON) price. The price plummeted as investors became concerned over the future of Telegram and associated projects. Right now, there is a lot of uncertainty regarding Durov’s upcoming legal battle, while some also worry about a potential regulatory crackdown on Telegram.
Meanwhile, TON investors who have decided to sell their holdings may be turning to other high-potential cryptocurrencies, such as Crypto All-Stars (STARS).
BUY STARS AS A STRONG ALTERNATIVE TO TON
What is Crypto All-Stars?
Crypto All-Stars is a popular new meme coin that emerged less than two weeks ago. On the surface, the token may seem like just another meme coin, but a deeper inspection reveals its potential, as well as the reason why its ICO raised over $772k in a matter of days.
Crypto All-Stars invented a new smart contract for staking — a popular crypto activity that allows users to lock up their tokens in a smart contract and earn staking rewards. However, so far, each project that allowed staking only allowed users to lock up that specific project’s native cryptocurrency.
However, Crypto All-Stars is different, or rather, it introduced a new type of staking smart contract known as MemeVault. The contract allows users to stake multiple meme coins, including pretty much all the largest ones. Apart from its native STARS, users will also be able to stake Dogecoin, Pepe, Brett, Turbo, Milady, Floki, and many others.
The idea is to push the meme coin sector to a feeling of unity and collaboration, but also to make staking of multiple meme coins simpler by enabling all of it at the same place, with Crypto All-Stars in the middle of it all.
BUY STARS WITH USDT, ETH, BNB, OR CREDIT/DEBIT CARDS
This is why the project’s ICO blew up the way it did, all while selling STARS for only $0.0014078. The token is still in the very early stages of its ICO, so buying it right now will be beneficial, as its price will be considerably higher by the time the ICO ends, thanks to scheduled increases.
