Logo
Cipik0.000.000?
Log in


11/20/2024 11:45:57 AM (GMT+1)

The SEC reports that BIT Mining Ltd. (formerly 500.com) will pay a $4 million fine for violating the FCPA due to bribing Japanese lawmakers to lobby for casinos in Japan between 2017 and 2019. ⚖️

View icon 315 Total views in all languages

The SEC reported that BIT Mining Ltd. (formerly 500.com) will pay a $4 million fine for violating the FCPA. Between 2017 and 2019, the company bribed officials, including Japanese lawmakers, to lobby for casinos in Japan. The expenses amounted to $2.5 million. BIT Mining acknowledged the violations, committed to ending them, and settled the case with the SEC and the U.S. Department of Justice by paying a total of $10 million.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



An unhandled error has occurred. Reload 🗙