BIT Mining agrees to pay $10 million fine for bribing Japanese officials, including $4 million to the SEC

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ODAILY
a day ago
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Odaily Planet Daily Report: The U.S. SEC said on Monday that (formerly <500.com Limited>) agreed to pay a $4 million fine to settle the agency's allegations that it bribed Japanese officials. The SEC said paid $2.5 million in cash bribes and gifts to Japanese lawmakers from 2017 to 2019 in an effort to win a bidding contest to open a casino resort in Japan. The U.S. Department of Justice said in a separate action that it has reached an agreement with , with agreeing to pay a $10 million criminal penalty, of which $4 million will be paid by the company to the U.S. SEC. (Bloomberg)

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