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Binance faces French investigation for alleged money laundering.

1 min read
Source: CNBC
Binance faces French investigation for alleged money laundering.
Photo: CNBC
TL;DR

Days before French police raided Binance's Paris office, the exchange's top French executive, David Prinçay, dismissed concerns about U.S. regulatory charges impacting Binance's other operations. French prosecutors have opened a probe into "aggravated money-laundering" by the crypto exchange, and the company is also being probed over operating an unauthorized exchange. Binance faces over a dozen charges from the SEC and a similar slate of allegations from the Commodity Futures Trading Commission.

Topics:businesscryptocurrency#binance#cryptocurrency#french-police#money-laundering#regulatory-charges#sec
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  1. Binance France chief brushed off concerns days before police visit  CNBC
  2. Binance Under Investigation in France for 'Aggravated' Money Laundering  CoinDesk
  3. Live news: France investigates Binance over customer checks  Financial Times
  4. France investigates Binance over money-laundering, canvassing breaches  Reuters
  5. French Authorities Investigating Binance for ‘Aggravated Money Laundering’  Decrypt

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