BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid

BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid

In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company, which operates in the Bitcoin mining sector, admitted to violating the Foreign Corrupt Practices Act (FCPA) by conspiring to pay bribes and falsifying records. As…

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