French crypto investors file complaint against Binance over 2.4m-euro losses
A group of 15 French cryptocurrency investors have filed a legal complaint against Binance, the world’s largest cryptocurrency exchange, which they accuse of marketing its services in France before it received official approval to do so, of using misleading commercial practices and receiving the proceeds of fraud. The complaint by the group, who claim losses of close to 2.4 million euros in transactions via the platform, is the first of its kind in France involving the highly speculative and volatile sector of digital assets. Laurent Mauduit reports.
BinanceBinance, the world’s largest cryptocurrency exchange, is the target of a criminal complaint lodged in France this month by a group of 15 cryptocurrency investors who accuse it of marketing its services in the country before it received official approval to do so, of using misleading commercial practices and receiving the proceeds of fraud.
