Justin Sun Backs Pavel Durov with $1 Million Offer

Bittime - Pavel Durov, founder of Telegram, was detained at a Paris area airport on August 24. The arrest was reportedly due to issues related to Telegram's content moderation policy. 

Meanwhile, Justin Sun showed his support for Pavel's freedom. Check out the news!

Justin Sun Proposes Decentralized Fund to Support Durov

Following news of Telegram founder Pavel Durov's arrest in Paris, crypto entrepreneur Justin Sun has proposed a decentralized fund to support him. Sun announced his intention to establish the "FreePavel DAO" with an initial contribution of $1 million. These funds will be managed by the community, ensuring transparency and democratic decision-making.

Sun invited other prominent figures such as Elon Musk and Mario Nawfal to join this initiative and increase support for Durov. 

The move reflects growing solidarity within the crypto community, especially for those who have played a key role in shaping the decentralized web.

Telegram Official Statement on Durov's Detention

Telegram issued an official statement expressing shock and concern over Durov's detention. The company emphasizes that it always complies with European laws and regulations regarding content moderation. 

Telegram denies any wrongdoing on Durov's part and calls for his immediate release.

Trend #FreePavel on Social Media

News of Durov's detention sparked widespread outrage and support on social media. The hashtag #FreePavel quickly gained traction, with crypto fans and Telegram users uniting behind the detained founder. The community criticized the French government's actions and demanded a transparent explanation for Durov's arrest.

Also read: Crypto Investigation: Pavel Durov Arrested, Toncoin Price Freefalls

Uncertain Legal Status

Until now, the French authorities have not provided an official statement regarding Durov's detention. This uncertainty has caused speculation and concern among the crypto community. An update from Paris is expected soon, explaining the legal reasons for Durov's arrest and the potential implications for Telegram.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.