Toncoin’s Value Plummets $2.7B After Telegram CEO Held in France

On August 26, 2024, Toncoin’s market value dropped by a staggering $2.7 billion

The sudden decline follows the detainment of Telegram CEO Pavel Durov, sparking concerns

Durov was held for alleged involvement in unregulated crypto activities, raising alarm

Toncoin linked closely with Telegram, saw its price slide dramatically in just hours

Crypto investors are on high alert as the market reacts to this unforeseen event