A crypto mining company called BIT Mining Ltd. agreed to pay a fine of US$4 million to the U.S. SEC after being accused of bribing Japanese officials. Between 2017 and 2019, BIT Mining paid $2.5 million in cash bribes and gifts to Japanese parliament members and others to win bids to open casino resorts in Japan.
The U.S. Department of Justice also reached an agreement with BIT Mining, and they agreed to pay a $10 million criminal fine, $4 million of which will be paid by the company to the U.S. SEC.