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Crypto miner BIT Mining paid $4 million to Securities Exchange Commission for allegedly bribing Japanese officials
The Securities Exchange Commission said Monday that cryptocurrency miner BIT Mining has agreed to pay a $4 million fine to settle the commission's allegations that it was involved in a scheme to bribe Japanese officials. The Securities Exchange Commission alleged that BIT Mining Ltd. (formerly known as 500.com Limited) paid $2.50 million in cash bribes and gifts between 2017 and 2019, including to Japanese lawmakers, in an attempt to win a bid to open a casino resort in Japan. In a parallel oper...
2024-11-19 00:34:11
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