In today's crypto news, Telegram co-founder Pavel Durov declined pressure from French intelligence to censor conservative content related to Romania's presidential elections. Durov emphasized his commitment to free speech and individual liberty in the face of government demands. Meanwhile, retired artist Ed Suman lost over $2 million in cryptocurrency due to a scam where a con artist impersonated a Coinbase support agent. Suman, who had invested most of his retirement savings into crypto, was deceived into revealing his wallet's seed phrase after receiving phony security alerts. In financial news, Moody's downgraded the U.S. credit rating from Aaa to Aa1 due to rising national debt and deficits, predicting a decline in fiscal performance compared to past standards. The agency warns that the U.S. could face persistent large fiscal deficits, impacting its debt and interest burden in the coming decade.

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