French authorities have escalated their scrutiny of Binance, the world’s largest cryptocurrency exchange, by launching a judicial probe into allegations of money laundering, tax fraud, and other financial crimes,

France has launched an investigation into Binance for serious allegations, including aggravated money laundering, tax fraud and drug trafficking. The investigation covers Binance’s activities from

Binance is reportedly under tax fraud and money laundering probe in France. Reuters reported on Jan. 28 that France’s prosecutors are investigating Binance over activities between 2019 and 2024. France has launched a judicial investigation into allegations of tax fraud,