Telegram CEO Durov says his arrest 'misguided'

Published On Sep 5, 2024, 9:33 PM

Telegram CEO Pavel Durov has publicly criticized French authorities for his recent arrest linked to insufficient moderation on the app. He denied allegations of Telegram being an 'anarchic paradise' and argued that it's misguided to hold a CEO accountable for actions of third parties on the platform. Durov acknowledged that the app has been facing challenges with a significant user increase and pledged to improve moderation efforts. Despite being under investigation, he maintained that Telegram works to remove harmful content and claimed that the app is not less regulated than competitors.

Stock Forecasts

The scrutiny that Telegram faces in Europe could lead to increased regulatory compliance costs and potential fines, which may affect overall profitability. Investors should consider these risks due to the intensifying crackdown on online platforms regarding user safety.

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Pavel Durov has hit back at French authorities following his arrest in Paris last week.