BIT Mining, a company involved in the cryptocurrency sector, has agreed to settle foreign bribery investigations with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) by paying a total penalty of $10 million.
This settlement addresses charges related to bribery activities in Japan, ensuring the company resolves the legal challenges related to these allegations. By settling, BIT Mining aims to put these issues behind and continue its operations within the regulatory frameworks.
Source: www.theblockcrypto.com ↗