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,

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

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,

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

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

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,