Galaxy Digital: The Arrest of Telegram CEO May Signal the Beginning of Stricter Regulation for Social Media Platforms

ChainCatcher news, according to Coindesk, cryptocurrency investment firm Galaxy Digital has released a research report suggesting that the arrest of Telegram CEO Pavel Durov in France may just be the beginning of stricter regulations on social media platforms. The report indicates that Durov's arrest may be related to Telegram's refusal to comply with information deletion or provision requests from the European or French governments. Galaxy's research director Alex Thorn stated that it is currently unclear whether the charges against Durov involve the TON blockchain or Telegram's integration with TON.

The report emphasizes that while the TON blockchain has over 350 global validator nodes, the number of nodes actually controlled by Telegram is unknown, raising doubts about TON's resilience in the face of government crackdowns. Galaxy points out that the value of TON largely depends on its integration with Telegram. How future blockchain projects avoid being accused of facilitating criminal activities may depend on their level of decentralization. Although French prosecutors have indicated that Durov may be released as early as this Wednesday, participants on the prediction platform Polymarket are not optimistic, leaning towards betting that he will be released by the end of September.