Overview of Important Developments on the Afternoon of August 25

7:00-12:00 Keywords: Pavel Durov, FTX, Bitcoin Hashrate, WIF

1. French media: Pavel Durov may face up to 20 years in prison;

2. FTX restructuring plan opposed by U.S. trustee and some creditors;

3. Russian State Duma members call for banning websites of major French companies;

4. Elon Musk and other notable figures express support for Telegram's founder;

5. Deputy Chairman of the Russian State Duma urges the Ministry of Foreign Affairs to find ways to rescue Durov;

6. French media: Pavel Durov decided to go to Paris despite being wanted by France;

7. The largest WIF holder increased holdings by 800,000, with unrealized gains exceeding $77 million;

8. In the past three days, Foundry USA and Antpool controlled 56.7% of Bitcoin hashrate;

9. Telegram's founder may face multiple charges in France related to fraud, money laundering, and terrorism.