The French tax authorities are investigating the crypto platform Binance for alleged tax fraud, tax evasion, money laundering, among other charges.

It is the second time that the company has been under judicial investigation for these alleged crimes, which could also include drug trafficking.

In fact, it is said that this new investigation would be an extension of the investigation started in France in 2023, “which focused on the alleged role of the platform in aiding money laundering and illicit financing activities, among other alleged violations.”

That year, the cryptocurrency exchange market experienced a collapse due to the bankruptcy of FTX and other platforms. “The US Securities and Exchange Commission, the Department of Justice and other agencies have taken legal action against large operators such as Binance, Coinbase and other cryptocurrency operators.”

Among the most high-profile cases was that of Coinbase, which refuted the claims and made. In the case of Binance, the company “reached the largest settlement in DOJ history. The company agreed to pay $4.3 billion in fines, with improvements in compliance and changes in management. However, the SEC case against the largest centralized company continued.”

M.Pino

Source: cripto247

(Reference image source: Kanchanara on Unsplash)

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La entrada France investigates Binance for the second time for alleged tax fraud apareció primero en Bitfinance.