BIT Mining agreed to pay a $10 million fine due to bribery charges against Japanese officials, of which $4 million will be paid to the SEC

11월 19, 2024 08:33:57

Share to

ChainCatcher news, according to Bloomberg, the U.S. SEC stated on Monday that the cryptocurrency mining company BIT Mining Ltd. (formerly known as 500.com Limited) has agreed to pay a $4 million fine to settle the agency's allegations of bribing Japanese officials.

The SEC pointed out that BIT Mining paid $2.5 million in cash bribes and gifts to Japanese lawmakers and others between 2017 and 2019 in an attempt to win bids for opening casino resorts in Japan.

In a separate action, the U.S. Department of Justice announced that it has reached an agreement with BIT Mining, where BIT Mining agrees to pay a $10 million criminal fine, of which $4 million will be paid to the U.S. SEC by the company.

Related Projects

Latest News

Data: BTC fell below 78,000 USD

ChainCatcher

2月 03, 2026 17:25:23

Data: BTC breaks through 79,000 USD

ChainCatcher

2月 03, 2026 16:36:07

111

ChainCatcher

2月 03, 2026 15:23:14

Data: BTC falls below 78,000 USD

ChainCatcher

2月 03, 2026 10:51:01

Recent Fundraising

More
$8M 1月 29
$80M 1月 27

New Tokens

More

Latest Updates on 𝕏

More