19.11.2024 SEC charges BIT Mining with FCPA violations in Japan casino scheme
Matthias Knab, Opalesque:

The Securities and Exchange Commission has charged BIT Mining Ltd. (formerly known as 500.com) with violating the Foreign Corrupt Practices Act (FCPA) in connection with a widespread bribery scheme in Japan. The company has agreed to pay a $4 million civil penalty to settle the charges.

Key Details of the Case: Between 2017 and 2019, the company engaged i
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