BIT Mining hit with $10M fine over bribery charges

Quick Summary:

In its previous existence as a casino and sports lottery firm, BIT Mining reportedly paid $2 million in bogus consultation payments to Japanese politicians as bribes.

The post BIT Mining hit with $10M fine over bribery charges appeared first on CoinGeek.

A federal grand jury in New Jersey also charged Pan with two counts of violating the FCPA’s books and records provisions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaChinaIndiaJapanUnited States

Topics: Business Zhengming Pan Securities and Exchange Commission BIT Mining Nicole Argentieri Charles Cain 500.com Department of Justice Block Reward Mining

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 16:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23740958

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 5 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 17 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions