Anti-Financial Crime & Financial Crime Compliance
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NEWS: French investigators open money laundering probe against crypto exchange Binance

By Geert De Clercq, Makini Brice and Elizabeth Howcroft 

FRENCH investigators have 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.

The economic and financial crime section of the Paris public prosecutor’s office (JUNALCO) said in a statement that the probe includes money laundering in connection with drug trafficking.

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