Pavel Durov: TON Foundation, Where Have You Gone?
May 13, 2026
This is another Telegram-related post.
We posted another Telegram write up the other day. “Durov and the Telegram Foundation” asks a basic hot oven question, “Is the Goat cooked?” Last week, Pavel Durov asserted his greatest of all time business and technical powers. With the toss of a horn, he snagged TONcoin, blockchain plumbing, and product control from the TON Foundation. The Goat cooked essay explores possible consequences in Switzerland, the country in which the TON Foundation was registered. The purpose of the Foundation was to assume responsibility for the Telegram crypto TONcoin. This token was originally named GRAM, but charges of improper fund raising created a legal problem for Telegram and the GOAT. The Foundation was a play to separate Telegram, the messaging service, from the crypto. With the re-taking of TONcoin and related technology and responsibilities, Swiss regulators may have cause to investigate the GOAT, the Foundation, and those involved in what was until recently the marketing and promotional arm of Telegram.
To get the complete essay and some speculation about the legal issues that can arise from this Durov decision making, Telegram Notes’ write up is a click away. Please, be aware, that since active blocking of our Telegram related content, this incarnation of our recycling of some of the material in our new monograph for law enforcement, cyber attorneys, and cyber fraud investigators renders slowly. Be patient. We are doing what we can to provide information that some folks don’t want publicly available.
Stephen E Arnold, May 13, 2026
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