French investigators open fraud probe against crypto platform Binance

PARIS (Reuters) -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. 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. The investigation is examining the period from 2019 to 2024, involving offences committed in France but also in all European Union countries, JUNALCO said.