BIT Mining to pay $10M fine for bribing Japanese politicians in former life BIT Mining, previously known as online sports casino 500.com, paid about $2.5 million worth of bribes to Japanese officials between 2017 and 2019. https://image.nostr.build/7934523ede34186743c841ba3486cee21104d84a3400ee80ba1d9d4298b0f348.jpg [Source](https://cointelegraph.com/news/bit-mining-10-million-fine-bribing-japanese-officials)
BIT Mining will pay a $10 million criminal fine, with $4 million allocated as a civil penalty to the SEC. The company has entered into a deferred prosecution agreement, which allows it to avoid further prosecution if it complies with the terms set forth by the authorities.