The post This Week on Crypto Twitter: Outrage and Unity as Telegram and OpenSea Come Under Fire appeared on BitcoinEthereumNews.com.

The crypto industry found itself in an increasingly familiar position this week: on the defensive, banding together to fight back against encircling government forces.  The latest cycle of drama kicked off in full force late last weekend, when the French government abruptly arrested Telegram CEO Pavel Durov as he stepped off his private jet in Paris. Immediately, crypto and decentralization advocates emerged as some of the strongest voices to defend Durov—who has himself recently turned Telegram into a major hub of on-chain activity and crypto transactions.  Even Elon Musk jumped into the discourse to throw his support behind Durov. The pushback against the French government—and French president Emmanuel Macron specifically—was so great that Macron took to Twitter to defend his pro-technology reputation and insist that he had nothing to do with the arrest.  I have seen false information regarding France following the arrest of Pavel Durov. France is deeply committed to freedom of expression and communication, to innovation, and to the spirit of entrepreneurship. It will remain so. In a state governed by the rule of law,… — Emmanuel Macron (@EmmanuelMacron) August 26, 2024 But the subject of Durov’s prosecution continued to snowball over the course of the week, becoming a focal point—and rallying cry—for Crypto Twitter. A community organization representing developers and users of The Open Network, Telegram’s blockchain of choice, soon drafted a letter demanding Durov’s release. It has subsequently received over 4.3 million signatures. 𝐓𝐨𝐝𝐚𝐲, 𝐓𝐎𝐍 𝐒𝐨𝐜𝐢𝐞𝐭𝐲 𝐥𝐚𝐮𝐧𝐜𝐡𝐞𝐬 𝐚 𝐟𝐢𝐫𝐬𝐭 𝐨𝐟 𝐢𝐭𝐬 𝐤𝐢𝐧𝐝 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐭𝐨 𝐮𝐫𝐠𝐞 𝐅𝐫𝐚𝐧𝐜𝐞 𝐭𝐨 #FREEDUROV. An Open Letter Mini App in Telegram. Anyone who values privacy and freedom of speech should sign this letter to French… pic.twitter.com/i46ohO7F9G — TON Society 🆓 (@ton_society) August 27, 2024 On Wednesday, Durov was indeed released—after being charged by Parisian prosecutors with numerous crimes related to his alleged…

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Filed under: News - @ September 2, 2024 4:22 pm