The French prosecutor's office is investigating one of the world's largest cryptocurrency exchanges, Binance. According to Reuters, the list of charges includes drug money laundering and tax fraud. This information was indirectly confirmed by the department for combating economic and financial crimes of the Paris prosecutor's office.
The Paris prosecutor's office, meanwhile, clarified that the investigation covers the period from 2019 to 2024, and the alleged crimes were committed not only in France, but also in all other European Union states. It is known that the reason for the investigation was complaints from users who claimed to have lost their money after investing through Binance. They blamed the platform itself for this, indicating that they were provided with incorrect information about investment instruments.
Users also complained that the platform was trading without the necessary permits. In 2023, the Paris prosecutor's office launched a preliminary investigation against Binance for illegal customer solicitation and money laundering on an especially large scale.
The Paris prosecutor's office, meanwhile, clarified that the investigation covers the period from 2019 to 2024, and the alleged crimes were committed not only in France, but also in all other European Union states. It is known that the reason for the investigation was complaints from users who claimed to have lost their money after investing through Binance. They blamed the platform itself for this, indicating that they were provided with incorrect information about investment instruments.
Users also complained that the platform was trading without the necessary permits. In 2023, the Paris prosecutor's office launched a preliminary investigation against Binance for illegal customer solicitation and money laundering on an especially large scale.
