Telegram, Pavel Durov, and the perilous future of the liberal princes in the tech industry

CoinNetwork · 2026-02-28T05:16:33+00:00

Telegram founder Pavel Durov faces serious legal lawsuits for failing to effectively regulate criminal activities on the platform, which could result in fines or imprisonment, while also impacting Telegram's IPO plans and its business model. By 2025, nearly one-third of Telegram's revenue will come from transactions related to Toncoin, but due to write-downs of Toncoin holdings, the company reports a net loss of $222 million. This case tests the platform's responsibility and Durov's vision for a crypto social network.

CoinNetwork

2026-02-28 05:16:33

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Telegram founder Pavel Durov faces a serious legal lawsuit in France, accused of failing to effectively regulate criminal activities on the platform. He is expected to be detained in 2024. The investigation could result in fines or imprisonment, delaying Telegram’s potential IPO and increasing scrutiny of its unique business model. In the first half of 2025, nearly one-third of Telegram’s $1 billion revenue came from transactions related to Toncoin. Toncoin is a cryptocurrency closely associated with Durov, but after writing down its holdings of Toncoin, the company reported a net loss of $222 million. As European regulators intensify pressure on tech executives, Durov’s case tests the boundaries of platform responsibility and his vision of building a private, crypto-focused social network.

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