Bullish on Telegram’s future (despite Durov’s arrest)

The arrest of Telegram founder Pavel Durov in France last month definitely led to an aftershock for the Telegram-linked Toncoin, which slumped in price in the wake of the news. But by the time KBW rolled around just a week later, the mood was buoyant.

Rushi Manche, co-founder of Movement Labs, told TechCrunch that Telegram had become a useful communication tool for many in the crypto community, and that was not likely to change in the short term.