Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durovās cryptocurrency idea lost steam because of a U.S. court. āThe technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,ā he wrote on his channel. āUnfortunately, a U.S. court stopped TON from happening.ā
