Binance Faces French Probe Over Alleged Money Laundering and Fraud

French authorities have launched a judicial investigation into cryptocurrency exchange Binance over alleged money laundering, tax fraud, and unauthorized operations. The Paris public prosecutor’s office stated that the probe, covering 2019 to 2024, includes suspected money laundering linked to drug trafficking across the EU. Complaints from users who claimed financial losses and misleading information triggered … Read more

Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission

David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale (GIGN). David Balland Rescued After Two-Day Manhunt Ledger co-founder David Balland was rescued late Wednesday evening after being kidnapped on Tuesday in the small French town of Vierzon by … Read more

French Bybit Users Face Service Shutdown—Withdrawals End in Weeks

Crypto exchange Bybit will cease withdrawal and custody services for French users starting Jan. 8, 2025, citing regulatory changes, urging users to withdraw assets promptly to avoid disruptions. Bybit to End Withdrawals in France Bybit, a global cryptocurrency exchange, has announced it will no longer provide withdrawal and custody services to users in France, starting … Read more