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

The investigation is focused on alleged offenses committed in both France and the broader European Union from 2019 to 2024.

French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world's largest cryptocurrency exchange, which said it denied the allegations.