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US SEC charges Bit Mining with violating Foreign Corrupt Practices Act

By Yahoo! Finance   |   Nov 18, 2024 at 04:32 PM EST
US SEC charges Bit Mining with violating Foreign Corrupt Practices Act

Bit Mining has been charged by the SEC for violating the Foreign Corrupt Practices Act by engaging in a bribery scheme to influence Japanese Parliament members. The company agreed to pay a $4 million civil penalty to resolve the charges.

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