Paolo Ardoino, CEO of Tether and CTO of Bitfinex, has expressed his concerns about the recent detention of Pavel Durov, founder of Telegram and TON.
Durov was arrested at a Paris airport after arriving from the CIS region and could face up to 20 years in prison for allegedly refusing to comply with French law enforcement demands and for not censoring content on Telegram.
French officials claim this has contributed to a rise in illegal activities on the platform. The arrest has sparked a strong reaction from the cryptocurrency and free speech communities.
Elon Musk, owner of X (formerly Twitter), was among the first to speak out, using the hashtag #FreePavel in his tweet. Ardoino echoed Musk’s sentiments, expressing concern that such actions against platforms that resist censorship could undermine global free speech.
Justin Sun, founder of Tron, also voiced support for Durov, suggesting the creation of a decentralized autonomous organization (DAO) to advocate for Durov’s release.
Sun pledged $1 million to this initiative if it garners sufficient backing from the crypto community and urged Musk and entrepreneur Mario Nawfal to join the effort.
As Warren Buffett edges closer to ending his six-decade reign at Berkshire Hathaway, the legendary investor has tightened his focus, placing nearly $197 billion into just a handful of stocks.
KuCoin has gone from serving Thailand’s traders remotely to operating on their home turf.
Tether, the company behind the world’s largest dollar-pegged stablecoin, has quietly expanded its footprint into the precious-metals sector.
Bitcoin and broader crypto markets may be entering a stronger phase heading into the second half of 2025, as macroeconomic risks ease and investor sentiment improves.