A group of French crypto investors have filed a criminal complaint against Binance, accusing the world's biggest crypto exchange of misleading the public and promoting its services before it was legally allowed to do so, their lawyers said on Tuesday.
The group, who were clients of the platform, have brought their complaint with the Paris prosecution office on charges including "misleading commercial practice", lawyers Etienne de Dreuille and Baptiste Bonhomme told Reuters in a phone call.
A Reuters analysis of Binance's corporate filings shows that the core of the business – the giant Binance.com exchange that has processed trades worth over $22 trillion this year – remains mostly hidden from public view. Binance has previous said it wanted to open a regional hub in France for the European market, and Binance boss Changpeng Zhao has often praised France for its "pro-crypto" policies.
The lawyers did not give the names of the Binance clients behind the complaint, citing privacy rules.
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