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

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.

French regulators probe Binance over alleged habitual money laundering and unapproved promotional campaigns targeting local users.

The world's largest crypto exchange by trading volume is facing a new investigation into what the company calls "old" allegations in France.

French authorities have announced the opening of a judicial investigation into Binance, the largest cryptocurrency exchange globally, on allegations of money laundering, tax fraud, and related offenses.

Binance has been hit with another legal blow in less than two years. Today, French investigators announced the start of a judicial investigation into the world’s largest crypto exchange, which included allegations of tax fraud,