Andy Yen, CEO of Proton – which develops a suit of encrypted, privacy-focused services including Proton Mail – has spoken out against France’s charges against Telegram’s Pavel Durov, slamming them as “insane.”
Yen commented on the developments in the context of the position France has put itself in, as a place for tech companies – either in terms of doing business there, or merely for their founders traveling to the country.
- Gold SKYROCKETED during Trump’s first term and is poised to do it again. Find out how Genesis Precious Metals can help you secure your retirement with a proper self-directed IRA backed by physical precious metals.
In the wake of Durov’s arrest, and in light of the nature of the charges pressed against him, the perception of France as a desirable destination for the tech industry is changing “rapidly and permanently” as far as investors and founders are concerned – and not in a good way.
France has committed “economic suicide” – that is how Yen describes the situation, in addition to the damage done to its image as a free country.
He makes note of the fact that even though Durov faced problems in Russia, and refused to comply with the demands of the authorities there several years ago, France turned out to be the one to arrest him. […]
— Read More: reclaimthenet.org
