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US SEC charges Bit Mining with violating Foreign Corrupt Practices Act
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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.

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