Bit Mining resolves foreign bribery case

Bit Mining resolves foreign bribery case as former CEO indicted for Japanese scandal
BIT Mining, formerly known as 500.com, has settled with the U.S. Department of Justice and SEC over Foreign Corrupt Practices Act (FCPA) violations. At the same time, its former CEO, Zhengming Pan, faces criminal charges for orchestrating bribes to Japanese government officials in a failed casino resort bid scheme.
BIT Mining to Pay $10 Million Penalty Over Bribery Allegations
The cryptocurrency-mining company’s former top executive was indicted in connection with the allegations.
BIT Mining Pays SEC $4 Million Over Japanese Bribe Allegations
A crypto miner agreed to pay a $4 million penalty to settle US Securities and Exchange Commission allegations that it engaged in a scheme to bribe Japanese officials, the agency said Monday.
BIT Mining to pay $4M fine to settle SEC charges on FCPA Violations
BIT Mining (BTCM) faces penalties from the U.S. SEC and DOJ for FCPA violations involving bribery scheme with Japanese officials.
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
Bitcoin mining firm BIT Mining has admitted it authorized paying bribes to Japanese politicians in an attempt to win a bid for a resort and casino license in Japan and has agreed to pay $10 million worth of fines to the United States government to resolve the charges.
Company changes business model, pays $10M fine to resolve FCPA violations
A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with "lower corruption risk" as part of a settlement over violations of the Foreign Corrupt Practices Act (FCPA),
Law7h
BIT Mining Bribery Scandal Highlights Trump-Biden Enforcement Gap
BIT Mining agreed to pay a $10 million penalty for its role in a bribery scandal. The crypto company had orchestrated a scheme involving $2.5 million in illicit payments to Japanese government ...
Reuters on MSN1d
US SEC charges Bit Mining with violating Foreign Corrupt Practices Act
WASHINGTON, Nov 18 (Reuters) - The Securities and Exchange Commission has charged Bit Mining with violating the Foreign ...
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the ...
Nasdaq13d
BIT Mining Announces At-the-Market Share Offering
BIT Mining (BTCM) has released an update. BIT Mining Limited is set to enhance its market presence with an at-the-market offering of American depositary shares, representing its class A ...