Durov's arrest occurred on Saturday, August 24, 2024, at Le Bourget airport, north of Paris. Under French law, he could be held without charges for up to 96 hours, which would see his detention expire on Wednesday, August 28, 2024. However, if investigators find sufficient evidence, his detention could be extended, or he could be formally charged and placed in pre-trial detention.
The uncertainty surrounding Durov's situation has caught the attention of bettors on Polymarket, a decentralized prediction platform. Bettors are wagering on whether Durov will be released before October, with current odds suggesting a 72% chance of his release by then. The outcome of this situation is closely watched, as it may set significant precedents for tech executives globally.
As the investigation unfolds, the market remains skeptical about his timely release, anticipating potential legal complications that could extend his detention beyond the initial deadline.