Quote from: Distinctin on January 30, 2025, 12:30:26 PM

in the recent news, "French investigators open fraud probe against crypto platform Binance"..

https://www.reuters.com/technology/french-investigators-open-money-laundering-probe-against-crypto-platform-binance-2025-01-28/

So this will be the period that they will be investigating,

Quote

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

For sure, there will be a lot of violations found, and I’m pretty sure the French government is just trying to follow what the U.S. did in investigating Binance.

No jail time here for sure as Binance has more than enough resources to handle this. So most likely, we’re looking at another billion-dollar settlement, maybe even more.

Whenever there's someone who do able to make up that huge money about throwing out some cases or whatever that it is really that correlated into it then this is where we have seen that US did successfully be able to have that money as Binance did make out such settlement and for those other countries do sees out that kind of chance or probabilities then this is why they will really be that trying out to do the same step and this is why they are making out such step but we dont know if this one will really be that working out or not but its true that Binance could be able to easily be able to pass through considering about their financial capacity.

Its no surprise that they will really be trying out to milk out because if those allegations wont really be that enough or couldnt be able to prove out then it will really be just that simply be forgotten and find out another some issues and happens again and again. Here in our country which Binance is really that already banned and cant be able to access through their website but when it comes to apps then its still accessible. They are that saying about compliance of Binance but its pretty obvious that they are really that trying out to milk some money.