Telegram Removed from App Store Sparks Cryptocurrency Sell-Off

The Telegram messaging app was temporarily removed from Apple's App Store on August 3rd after a review found content that violated Apple's guidelines against child sexual abuse material.

This decision had an immediate impact on the price of Gram, with it plummeting by nearly 20% in value.

The app was quickly restored after the developer removed the offending content and banned the user responsible, but not before causing significant disruption to the cryptocurrency market.

The removal of Telegram from the App Store has sparked concerns about the potential consequences for Gram's price and the overall health of the cryptocurrency ecosystem.