Telegram founder Durov may release the news as early as Wednesday

Odaily News French prosecutors said Telegram founder and CEO Durov could be released as early as Wednesday local time. However, Polymarket is not sure he will be released in August, and some users are betting that he will be released before the end of September. Prosecutors said Durov has not yet been formally charged. Instead, his detention is part of an investigation into crimes allegedly planned or spread on Telegram, including money laundering, drug trafficking, child pornography and non-cooperation with law enforcement. The press release noted that if investigators find sufficient evidence during the interrogation, Durov's detention may be extended, or he may be formally charged and transferred to pretrial detention. This possibility may increase market doubts about whether he can be released before the initial deadline. (Coindesk)