Justin Sun Proposes DAO, Pledges $1M for Telegram CEO Durov's Release

Aug 25, 2024, 07:02 PM

Tron founder Justin Sun has proposed the creation of a decentralized autonomous organization (DAO) to support the release of Telegram CEO Pavel Durov, who was detained by French authorities on August 24. Sun has pledged to donate $1 million to the initiative, emphasizing the importance of community support and decentralization in the process. The proposal has garnered attention from various figures in the cryptocurrency community, including Elon Musk, highlighting a collective effort to assist Durov.