Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget Airport in France on the evening of August 24, 2024. Here's what we know based on the information available up to that time:
- Reason for Arrest: Durov's arrest stems from accusations of complicity in various crimes due to Telegram's lack of moderation. These include drug trafficking, crimes against children, and fraud. The French authorities have argued that Telegram's policies and tools make it an accomplice to these activities by not cooperating sufficiently with law enforcement.
- Location and Timing: He was detained as he disembarked from his private jet at Le Bourget Airport, just outside Paris. This event occurred around 8 PM local time.
- Legal Context: Durov was targeted by an arrest warrant executable only on French soil, which might explain why his travel to France became problematic despite him holding French nationality alongside his Russian citizenship.
- Public Reaction: The arrest has sparked discussions on platforms like X (formerly Twitter), with some users expressing support for Durov, viewing his arrest as an attack on free speech. There's a sentiment that Durov is being penalized for not censoring content on Telegram, which is known for its strong encryption and privacy features.
- Implications: This incident raises questions about internet freedom, privacy, and the responsibilities of platform owners in moderating content. The case could set precedents for how tech CEOs are held accountable for the content shared on their platforms.
- Next Steps: Durov was expected to appear before an investigating judge, potentially facing an array of charges including terrorism, narcotics, pedocriminal content, complicity, money laundering, and fraud.
This situation underscores ongoing global debates about the balance between privacy, security, and content moderation on encrypted messaging platforms. The outcome of Durov's legal proceedings could have significant implications for how such platforms operate in the future.
- Reason for Arrest: Durov's arrest stems from accusations of complicity in various crimes due to Telegram's lack of moderation. These include drug trafficking, crimes against children, and fraud. The French authorities have argued that Telegram's policies and tools make it an accomplice to these activities by not cooperating sufficiently with law enforcement.
- Location and Timing: He was detained as he disembarked from his private jet at Le Bourget Airport, just outside Paris. This event occurred around 8 PM local time.
- Legal Context: Durov was targeted by an arrest warrant executable only on French soil, which might explain why his travel to France became problematic despite him holding French nationality alongside his Russian citizenship.
- Public Reaction: The arrest has sparked discussions on platforms like X (formerly Twitter), with some users expressing support for Durov, viewing his arrest as an attack on free speech. There's a sentiment that Durov is being penalized for not censoring content on Telegram, which is known for its strong encryption and privacy features.
- Implications: This incident raises questions about internet freedom, privacy, and the responsibilities of platform owners in moderating content. The case could set precedents for how tech CEOs are held accountable for the content shared on their platforms.
- Next Steps: Durov was expected to appear before an investigating judge, potentially facing an array of charges including terrorism, narcotics, pedocriminal content, complicity, money laundering, and fraud.
This situation underscores ongoing global debates about the balance between privacy, security, and content moderation on encrypted messaging platforms. The outcome of Durov's legal proceedings could have significant implications for how such platforms operate in the future.
JUST IN: Nvidia $NVDA reports $30 billion in revenue for Q2, 3.8% higher than expectations.
12-month emissions of popular VC Coins:
$ZRO: 7.41% increase (but zero unlocks until June 2025) + some untracked tokens.
$SUI: 8.33% increase, right now $60m worth of monthly token unlock, monthly decrease.
$APT: 12.24% increase, $71m worth of $APT is unlocked monthly, no time-based decrease.
$SEI: 23,89% increase, $2m DAILY unlock so roughly $60m monthly unlock.
$OP: 9% increase, $45m monthly unlock,
$TIA: 43,86% increase! $4.5m per DAY, with a huge 16%, $790m unlock on October 31!
$ARB: 11,16% increase, $47m per month.
$ZK: 5,31% increase, unlocks start June 2025 with a large $80, zero emissions before.
$W: 3,65% increase, no investor or team, all unlocks flow into Foundation Treasury.
$STRK: 10,88% increase, $20m monthly unlock until April, then $46m starting May 2025.
$ONDO: 19,5% with 19% cliff unlock in Jan 2025 then large yearly unlocks.
$ENA: 18,4% but no unlocks until April 2025 where a cliff unlocks 13.8%.
___
The goal of this post is to increase awareness of upcoming token unlocks.
VC coins could do well, but you should be aware of the tokenomics.
$ZRO: 7.41% increase (but zero unlocks until June 2025) + some untracked tokens.
$SUI: 8.33% increase, right now $60m worth of monthly token unlock, monthly decrease.
$APT: 12.24% increase, $71m worth of $APT is unlocked monthly, no time-based decrease.
$SEI: 23,89% increase, $2m DAILY unlock so roughly $60m monthly unlock.
$OP: 9% increase, $45m monthly unlock,
$TIA: 43,86% increase! $4.5m per DAY, with a huge 16%, $790m unlock on October 31!
$ARB: 11,16% increase, $47m per month.
$ZK: 5,31% increase, unlocks start June 2025 with a large $80, zero emissions before.
$W: 3,65% increase, no investor or team, all unlocks flow into Foundation Treasury.
$STRK: 10,88% increase, $20m monthly unlock until April, then $46m starting May 2025.
$ONDO: 19,5% with 19% cliff unlock in Jan 2025 then large yearly unlocks.
$ENA: 18,4% but no unlocks until April 2025 where a cliff unlocks 13.8%.
___
The goal of this post is to increase awareness of upcoming token unlocks.
VC coins could do well, but you should be aware of the tokenomics.
#altcoins
Important altcoin market update:
Altcoins (TOTAL3) are at a KEY decision level right now, flirting with the idea of officially breaking out of the downwards regression channel.
There are 2 levels alts need to break to officially end the downtrend (and signal a complete bullish trend reversal):
1. A daily/weekly close above the blue line (regression channel high).
2. A daily/weekly close above the previous high (higher high - also at a similar level).
Of course, this could simply be another retest of resistance, and thus create a subsequent lower low. So be wary not to get crazy bullish here, as there have been many past traps with similar setups.
But, also be prepared for a potential breakout - because things could move REALLY quickly if we do.
Important altcoin market update:
Altcoins (TOTAL3) are at a KEY decision level right now, flirting with the idea of officially breaking out of the downwards regression channel.
There are 2 levels alts need to break to officially end the downtrend (and signal a complete bullish trend reversal):
1. A daily/weekly close above the blue line (regression channel high).
2. A daily/weekly close above the previous high (higher high - also at a similar level).
Of course, this could simply be another retest of resistance, and thus create a subsequent lower low. So be wary not to get crazy bullish here, as there have been many past traps with similar setups.
But, also be prepared for a potential breakout - because things could move REALLY quickly if we do.
Mining
$BTC update: Support sliced like butter so I'm not engaging in longs atm. Looking for ideally a sweep of the lower support level at $62.3k. I think we'll get it. I'm also starting to look at altcoins to long once BTC does that job, since BTC.D looks weaker.
#Bitcoin following the plan exactly as predicted.
As a trader, it's crucial to understand the context of the market.
With BTC.D weakening, especially today, it's not the time to short altcoins anymore.
I'm waiting for $BTC to hit my bounce area (hopefully we get there) to then long some altcoins there.
As a trader, it's crucial to understand the context of the market.
With BTC.D weakening, especially today, it's not the time to short altcoins anymore.
I'm waiting for $BTC to hit my bounce area (hopefully we get there) to then long some altcoins there.
#USDT dominance hitting its long-term trend line on March 14th, 2024, which was the local top for #BTC.
We all have a way of convincing ourselves that this time is different, but USDT dominance has been putting in higher lows ever since.
This trend line needs to break before any real future rally can begin.
We all have a way of convincing ourselves that this time is different, but USDT dominance has been putting in higher lows ever since.
This trend line needs to break before any real future rally can begin.
A user paid a fee of 288 $ETH($700K) in a single transaction yesterday.
https://etherscan.io/tx/0xe9470f1840cc1e89993be445950111a417ba7df0cc2bb133b27baa55a8ae4f40
https://etherscan.io/tx/0xe9470f1840cc1e89993be445950111a417ba7df0cc2bb133b27baa55a8ae4f40
Binance will delist and cease trading for these spot trading pairs on 2024-11-06 at 03:00 (UTC):
Rupiah Token ( $IDRT )
Keep3rV1 ( $KP3R )
Ooki Protocol ( $OOKI )
Unifi Protocol DAO ( $UNFI )
Rupiah Token ( $IDRT )
Keep3rV1 ( $KP3R )
Ooki Protocol ( $OOKI )
Unifi Protocol DAO ( $UNFI )
JUST IN: Immutable $IMX has received a wells notice from the SEC regarding $IMX token sales
#crypto
It looks like the grand finale of the altcoin reckoning has finally arrived.
The altcoin reckoning should be over by December 2024 (2nd week of January 2025 at the latest).
It has been a long journey, and many gave up along the way, but this process was always going to play out
It looks like the grand finale of the altcoin reckoning has finally arrived.
The altcoin reckoning should be over by December 2024 (2nd week of January 2025 at the latest).
It has been a long journey, and many gave up along the way, but this process was always going to play out
Sign up on Binance, the world's largest crypto exchange platform and earn up to 1,000 $USDC. Time-Limited referral program.
https://accounts.binance.com/register?ref=YT0R525K&utm_medium=app_share_link_telegram
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