According to a Reuters report, French authorities are investigating allegations of money laundering, tax evasion, drug trafficking, and other charges against the digital currency exchange Binance. These investigations have been initiated by the French Financial Judiciary Service since 2023. Binance stated that these allegations pertain to several years ago and expressed disappointment that the case has been referred to judicial proceedings. The exchange emphasized that these allegations are baseless and will be seriously contested. While Binance typically does not comment on legal cases, it has clearly stated its position on this matter due to its importance. These investigations are taking place as Binance, as one of the world’s largest digital currency exchanges, has faced numerous legal challenges in various countries in recent years.
