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.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaChinaJapan

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 16:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © CoinGeek

News ID: 23811013

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