Telegram CEO Pavel Durov indicted for allegedly allowing criminal activity on social media app [Video]

Pavel Durov, the Russian-born billionaire CEO of the social media messaging app Telegram, was indicted in France for allegedly allowing criminal activity on the platform, prosecutors announced Wednesday.

The video is from a previous report.

Durov was placed under judicial supervision and is banned from leaving the country, according to the Paris Prosecutor’s Office.

He avoided jail by paying a 5 million euro bail, prosecutors said. He must report to a police station twice a week for check-ins.

The indictment comes the same day the CEO was released from police custody after being arrested in connection with an “ongoing judicial investigation,” prosecutors told ABC News.

Durov, 39, was arrested at Le Bourget airport outside Paris shortly after landing on a private jet late on Aug. 24. French President Emmanuel Macron confirmed his arrest two days later.

Durov is accused of allegedly being passive with regard to cyber and financial crimes being committed on the Telegram platform and …