<ul data-eligibleForWebStory="false">TON Foundation falsely claimed that staking US$100K in Toncoin plus US$35K fee could lead to UAE Golden Visa.Telegram founder Pavel Durov's reshare boosted Toncoin’s price by 10% before UAE regulators intervened, denying the claim.UAE government clarified that Toncoin is not licensed, and crypto investments do not qualify for the Golden Visa program.Toncoin's price surged initially but dropped after UAE regulators refuted the claim, urging investors to rely on official sources.