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,

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

French authorities have launched a judicial probe into Binance over alleged money laundering, tax fraud, and illegal operations from 2019 to 2024.