Toncoin falls by 7% because of Elon Musk’s 300 million Xai partition’s claims rejected the allegations

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Toncoin, Kryptocurrency, Dubai-based messaging application TelegramTech Billiaire fell 7% on Thursday Elon musk Musk-Led AI rejected a $ 300 million partnership between Telegram and Khai.

Toncoin rose from $ 3.01 to $ 3.65 and Wednesday to 21% announcement The telegram said that CEO Pavel Durov and Musk Khai had an agreement to integrate Chatbot Grok to the messaging platform.

“This summer, telegram users will receive access to the best AI technology in the market,” he said. X. “@elon musk and I agreed to a 1-year partnership to bring Xai @grock Connect to our billion + users and all telegram applications. “

According to Durov, the telegram will receive $ 300 million and capital from Xai and the messaging platform will make up 50% of the income from Xai subscribers sold in the telegram.

However, the details of the partnership are soon questioned as soon as Durov’s claims Writing on x that “no contract has been signed.” Durov Quick be responsible The musk, who said he would be right, was not yet signed, “in principle” was also agreed.

“Formalities are waiting,” Durov said.

Telegram fans were not admired with the stock market writing: “Does not mean anything agreed in principles.” Another user write“Well, it just flew the deal.” After reaching $ 3.65, Toncoin fell from $ 3.26 to $ 3.26 before healing.

Toncoin is native token in open network or tone. The tone is associated with an application that allows you to pay for a blockchain as a separate body, but still 1 billion user of the application platform for playing for game, advertising and other centralized applications.

Suggested Deal News Durov, as it announces on Thursday telegram, comes as the company raises $ 1.7 billion from the converted bonds. Some of the funds will pay $ 955 million worth $ 955 million in 2026 Bloomberg.

Earlier this year, Toncoin was allowed to increase 24% after returning to Dubai after leaving France after the investigation, which continues to Dubai to Dubai. Durov was been arrested In August, French officials were questioned by the telegram of child sexual exploitation material, drug trafficking and other criminal cases by users.

Durov rejected these allegations and eliminated the innocence, in writing in writing, “in case of moderation, cooperation and war crime, not only the telegram for years, but has exceeded their legal obligations.” The telegram itself discount After Durov’s arrest, he is responsible for illegal activity written in the X.: “It is absurd to claim a platform or owner that the owner is responsible for the abuse of that platform.”

This story was first displayed Fortune.com

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