Telegram CEO Pavel Durov could be free as soon as Wednesday, French prosecutors said. However, Polymarket isn’t confident he’ll be released this month, with bettors putting money on a release during September. Durov has not yet been formally charged, prosecutors said. Instead, he is being held as part of an investigation that stems as a result of crimes allegedly planned or broadcast on Telegram, including money laundering, drug trafficking, child pornography and non-cooperation with law enforcement. Bettors say there’s a 72% chance he’ll be out before October, with shares of the yes side trading at 72 cents. Each share pays out $1 in USDC, a stablecoin, if the prediction comes true, and $0 if it does not.
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