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News Explorer — Toncoin and Notcoin Prices Keep Falling After Telegram CEO's Arrest

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Aug 27, 12:59 pm
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Toncoin and Notcoin Prices Keep Falling After Telegram CEO's Arrest

Toncoin (TON) and Notcoin (NOT) have both experienced significant drops of over 20% in value after the arrest of Pavel Durov, the co-founder and CEO of Telegram. The Open Network, which uses TON as its native currency, was originally developed by Telegram but was abandoned due to regulatory concerns. The community took over the project, renaming it The Open Network. Durov's arrest has caused Toncoin and Notcoin to plummet in price.

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