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OpenSea Receives 'Wells Notice' From SEC; Telegram CEO Pavel Durov Indicted on 'Complicity'

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as NFT marketplace OpenSea received a notice from the SEC that it intends to pursue an enforcement action. Plus, Telegram CEO Pavel Durov was indicted in a French court, and the CEO of South Korean crypto firm Haru Invest was stabbed during his appearance in court during a trial for fraud.

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Markets

Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release

Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.

(Pavel Durov interviewed by Tucker Carlson for his YouTube channel / Screenshot)

Markets

TON Back Online After Second Outage

TON says its core developer team is looking into why the DOGS token continues to crash the chain.

(Brands&People/Unsplash)

Tech

Telegram-Linked TON Blockchain Suffers Second Outage

Once again, the DOGS token is gumming up the works.

Dogs in a box

Tech

The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain

Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO: What's up with Vitalik's DeFi diss?

(Kenny Eliason/Unsplash)

Policy

Telegram CEO Pavel Durov Indicted on 'Complicity,' Refusal to Communicate Charges in French Court

The head of the popular social-media and messaging platform was arrested on Saturday as part of an investigation into money laundering, drug trafficking, child pornography and non-cooperation with law enforcement crimes.

Telegram CEO Pavel Durov (TechCrunch Disrupt Europe/Creative Commons)

Markets

TON Resumes Block Production After Near Six Hour Outage

The network has gone to the DOGS as it struggles to catch up with the popularity of a new TON memcoin.

(Priscilla Du Preez/Unsplash)

Policy

Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy

Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.

Toncoin rises amid potential Telegram IPO (Christian Wiediger/Unsplash)

Policy

Telegram Under Scrutiny in India, but Ban Not Imminent: Reports

One report said that India's Information Technology Ministry asked the Nation's Home Ministry for an update on where things stand in the Indian context and if there are any violations in India after Telegram CEO Pavel Durov was arrested in France.

Telegram app on smartphone (Shutterstock)

Markets

Telegram CEO Pavel Durov Could Be Free by October: Polymarket Bettors

A press release from French prosecutors said he could be released Wednesday, but the market isn't confident he'll be out by then.

Telegram CEO Pavel Durov (TechCrunch Disrupt Europe/Creative Commons)