financetom
Business
financetom
/
Business
/
US SEC charges Bit Mining with violating Foreign Corrupt Practices Act
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US SEC charges Bit Mining with violating Foreign Corrupt Practices Act
Nov 19, 2024 8:06 AM

WASHINGTON, Nov 18 (Reuters) - The Securities and

Exchange Commission has charged Bit Mining with violating the

Foreign Corrupt Practices Act in connection with bribery scheme

to influence members of Japanese Parliament, it said on Monday.

The SEC said the company agreed to pay a $4 million civil

penalty to resolve charges that it violated the act from 2017 to

2019 by engaging in a widespread bribery scheme to influence

numerous foreign officials, including members of Japan's

parliament, in efforts to establish an integrated resort casino

in Japan.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Discount retailer B&M warns of lower earnings
Discount retailer B&M warns of lower earnings
Oct 6, 2025
Oct 7 (Reuters) - Discount retailer B&M on Tuesday forecast a 28% plunge in first-half core earnings and lower annual profit, and said it would take actions including price adjustments to return its UK sales to growth. (Reporting by Shashwat Awasthi; Editing by Mrigank Dhaniwala) ...
Australia approves Cboe's bid to operate as local IPO venue
Australia approves Cboe's bid to operate as local IPO venue
Oct 6, 2025
(Reuters) -Australia's corporate regulator on Tuesday approved Cboe Global Markets' ( CBOE ) bid to list new companies on its local exchange, ramping up direct competition with the Australian Securities Exchange (ASX) in the country's tough initial public offering (IPO) market. Cboe Australia, the local unit of the Chicago-headquartered exchange operator, can now list new companies, offering investors increased access...
PRESS DIGEST- New York Times business news - October 7
PRESS DIGEST- New York Times business news - October 7
Oct 6, 2025
Oct 7 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Paramount said on Monday that it is buying The Free Press in a deal valued at $150 million and is appointing Bari Weiss, one of its founders, as the...
Logicbroker Acquires UK's Virtualstock to Strengthen Global Leadership in Intelligent Digital Commerce
Logicbroker Acquires UK's Virtualstock to Strengthen Global Leadership in Intelligent Digital Commerce
Oct 6, 2025
Addition of Europe's largest dropshipping platform delivers deep technology expertise and expanded supplier network NEW YORK and READING, United Kingdom, Oct. 7, 2025 /PRNewswire/ -- Logicbroker, whose Intelligent Commerce Network powers some of the world's largest retailers, today announced the acquisition of UK-based online retail technology leader, Virtualstock. Virtualstock was established in 2004 and processes more than 8 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved