Breaking News: Former Telegram Owner "Musti" Arrested on Fraud Charges

Subheadline

Authorities have arrested the former owner of Telegram, Pavel Durov, also known by his alias "Musti," on charges of fraud. The arrest was conducted in collaboration with the Interpol.

Details of the Investigation

The investigation revealed that Durov allegedly defrauded an estimated $1 million from various individuals and businesses. The charges stem from activities related to his Telegram ownership and other business dealings. Investigators have been tracking Durov's financial transactions for several months, leading to the arrest.

Background

Durov founded Telegram in 2013 and quickly grew the app into one of the world's most popular instant messaging platforms. However, he stepped down as Telegram's CEO in 2018 amid growing legal pressure from governments worldwide. Durov has since been living in Dubai and has maintained a low profile.

Current Status

Durov is currently in custody and is expected to face extradition proceedings. The authorities have frozen his assets and are seeking to recover the alleged stolen funds. Telegram's current management has distanced themselves from Durov's activities and stated that they were not involved in any fraudulent dealings.

Impact

The arrest of Durov has sent shockwaves through the tech community and raises questions about the future of Telegram. It also highlights the emerging risks associated with cryptocurrency and digital currency transactions.

The investigation is ongoing, and more details are expected to emerge as the case progresses through the legal system.