Binance’s rise to the pinnacle of global cryptocurrency exchanges has been wrought with legal challenges, multibillion-dollar fines and the arrest of its co-founder. Just when it appeared that the dust was settling,

Binance came under preliminary investigation by the Paris prosecutor's office for illegal canvassing of clients and "aggravated money-laundering." However, the crypt

PARIS (Reuters) -French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world's largest cryptocurrency exchange, which said it denied the allegations.

French authorities are investigating Binance for money laundering and other crimes; the crypto exchange denies the allegations.

( MENAFN - crypto Breaking) France is reportedly conducting an investigation into Cryptocurrency exchange Binance for alleged money laundering and tax fraud. The investigation is part of a broader effort by authorities to crack down on illegal activities in the cryptocurrency industry.

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Despite obtaining regulatory approval in 2022, Binance now faces intensified scrutiny as authorities probe past financial transactions and market practices.