Today in crypto, Telegram's co-founder Pavel Durov resisted pressure from French intelligence to censor conservative content ahead of the Romanian presidential elections. He confirmed that he was approached by Nicolas Lerner, head of French intelligence, but refused to comply, emphasizing his commitment to free speech. Meanwhile, retired artist Ed Suman lost over $2 million to a scam involving a Coinbase impersonator. After a series of manipulated communications, including misleading messages and calls from someone pretending to be a Coinbase representative, Suman was convinced to reveal sensitive information, leading to the loss of his crypto holdings. Additionally, Moody's downgraded the US credit rating from Aaa to Aa1, citing increased deficits and national debt, predicting further fiscal deterioration as entitlement spending rises and revenues remain static. The US national debt now exceeds $36 trillion, with expectations for larger deficits over the next decade.

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