Binance’s rise to the pinnacle of global cryptocurrency exchanges has been wrought with legal challenges, multibillion-dollar fines and the arrest of its co-founder. Just when it appeared that the dust was settling,

The world's largest crypto exchange by trading volume is facing a new investigation into what the company calls "old" allegations in France.

Binance is reportedly under tax fraud and money laundering probe in France. Reuters reported on Jan. 28 that France’s prosecutors are investigating Binance over activities between 2019 and 2024. France has launched a judicial investigation into allegations of tax fraud,

French authorities are investigating cryptocurrency exchange Binance, focusing on allegations of money laundering and tax fraud between 2019 and 2024.

Despite obtaining regulatory approval in 2022, Binance now faces intensified scrutiny as authorities probe past financial transactions and market practices.

French authorities are investigating Binance for money laundering and other crimes; the crypto exchange denies the allegations.

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.

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

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