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Mining to pay $10M fine for bribing Japanese politicians in former life","url":"https://stock-news.laohu8.com/highlight/detail?id=2484986932","media":"CoinMarketCap","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484986932?lang=en_us&edition=fundamental","pubTime":"2024-11-19 08:44","pubTimestamp":1731977063,"startTime":"0","endTime":"0","summary":"Bitcoin mining firm BIT Mining has admitted it authorized paying bribes to Japanese politicians in an attempt to win a bid for a resort and casino license in Japan and has agreed to pay $10 million worth of fines to the United States government to resolve the charges.BIT Mining’s bribery scheme occurred between 2017 and 2019 when the firm was known as 500.com — a Chinese online sports lottery company.The bribes consisted of roughly $2.5 million worth of illicit cash bribes, entertainment, and extravagant trips for Japanese politicians, according to the US Securities and Exchange Commission’s Nov. 18 statement.BIT Mining has agreed to pay a $4 million civil penalty to the SEC and agreed to pay a $10 million criminal fine to the US Department of Justice .However, $4 million of that will be satisfied from the civil penalty that must be paid to the SEC.Meanwhile, the DOJ has also charged 500.com’s then-CEO Zhengming Pan for orchestrating the bribes.Magazine: Godzilla vs. Kong: SEC faces fi","market":"us","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/740806cdf5ff4a5282139d1826be3485.jpeg","type":0,"news_type":0,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/740806cdf5ff4a5282139d1826be3485.jpeg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://coinmarketcap.com/community/articles/673bdf6873640a4806af942e/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"coinmarketcap_highlight","symbols":["BK4023","BTCM","BIT","BK4595","BTC.USD.CC","BTC.USD.HKCC"],"gpt_icon":0},{"id":"2484932897","title":"BIT Mining Pays SEC $4 Million Over Japanese Bribe Allegations","url":"https://stock-news.laohu8.com/highlight/detail?id=2484932897","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484932897?lang=en_us&edition=fundamental","pubTime":"2024-11-19 07:25","pubTimestamp":1731972311,"startTime":"0","endTime":"0","summary":"A crypto miner agreed to pay a $4 million penalty to settle US Securities and Exchange Commission allegations that it engaged in a scheme to bribe Japanese officials, the agency said Monday.","market":"hk","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/F6XGZ5TTSA4RQYMGPBERTLKMJI.jpg?smart=true&auth=8a9e78746977467b27765dba0e4fc902efe5291e08193369f95fd3e120ce6ea5&width=500&height=333","type":0,"news_type":0,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/F6XGZ5TTSA4RQYMGPBERTLKMJI.jpg?smart=true&auth=8a9e78746977467b27765dba0e4fc902efe5291e08193369f95fd3e120ce6ea5&width=500&height=333"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.bnnbloomberg.ca/investing/2024/11/18/bit-mining-pays-sec-4-million-over-japanese-bribe-allegations/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bnn_bloomberg_highlight","symbols":["BIT","BK4595","BK4023","BTCM"],"gpt_icon":0},{"id":"2484982368","title":"BIT Mining to Pay $10M in Bribery Scheme Fallout","url":"https://stock-news.laohu8.com/highlight/detail?id=2484982368","media":"Dow Jones","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484982368?lang=en_us&edition=fundamental","pubTime":"2024-11-19 05:57","pubTimestamp":1731967020,"startTime":"0","endTime":"0","summary":"BIT Mining will pay a $10 million penalty to the Department of Justice connected to allegations the cryptocurrency-mining company engaged in a widespread bribery scheme.Up to $4 million of the charge will be credited to a civil penalty that BIT Mining has agreed to pay to the Securities and Exchange Commission to resolve a parallel investigation, the DOJ said Monday.The company, which was formerly known as 500.com, violated the Foreign Corrupt Practices Act from 2017 to 2019 by attempting to influence foreign officials, including members of Japan's parliament, in efforts to establish a resort casino in Japan, according to the SEC.Its scheme involved illicit payments totaling around $2 million in the form of cash bribes, entertainment and extravagant trips, according to the agency's order.BIT Mining didn't immediately respond to a request for comment.\"Investors must have confidence that the operations and performance of public companies reflect merit and legitimate considerations,\" said","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4595","BTCM","BIT","BK4023"],"gpt_icon":0},{"id":"2484939488","title":"BIT Mining to pay $4M fine to settle SEC charges on FCPA Violations","url":"https://stock-news.laohu8.com/highlight/detail?id=2484939488","media":"seekingalpha","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484939488?lang=en_us&edition=fundamental","pubTime":"2024-11-19 05:30","pubTimestamp":1731965404,"startTime":"0","endTime":"0","summary":"South_agency/E+ via Getty ImagesBIT Mining (NYSE:BTCM) agreed to pay a $4M civil penalty to resolve charges brought by the U.S. Securities and Exchange Commission that the crypto miner allegedly breached the Foreign Corrupt Practices Act (FCPA) from 2017 to 2019 by engaging in a","market":"us","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/914123260/image_914123260.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/914123260/image_914123260.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4304321-bit-miningtopay-4-mfinetosettle-se-cchargeson-fcpa-violations","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha_crypto","symbols":["BK4023","BTCM","BIT","BK4595","BTC.USD.HKCC"],"gpt_icon":0},{"id":"2484022989","title":"SEC charges BIT Mining with FCPA violations","url":"https://stock-news.laohu8.com/highlight/detail?id=2484022989","media":"TIPRANKS","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484022989?lang=en_us&edition=fundamental","pubTime":"2024-11-19 05:15","pubTimestamp":1731964517,"startTime":"0","endTime":"0","summary":"The Securities and Exchange Commission announced that BIT Mining (BTCM) Ltd., formerly known as 500.com (WBAI) Limited, agreed to pay a $4M civil p...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/sec-charges-bit-mining-with-fcpa-violations?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/sec-charges-bit-mining-with-fcpa-violations?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BTCmain","XBTmain","BK4023","BIT","BK4595","BTCM"],"gpt_icon":0},{"id":"2483928888","title":"BIT Mining Ltd    expected to post breakeven results a share - Earnings 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23:58","pubTimestamp":1731427097,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nAQN2JPCPN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4023","BK4595","BTCM"],"gpt_icon":0},{"id":"2481961888","title":"BIT Mining Announces At-the-Market Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2481961888","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481961888?lang=en_us&edition=fundamental","pubTime":"2024-11-07 06:57","pubTimestamp":1730933823,"startTime":"0","endTime":"0","summary":"BIT Mining (BTCM) has released an update. BIT Mining Limited is set to enhance its market presence with an at-the-market offering of American depos...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/bit-mining-announces-at-the-market-share-offering?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/bit-mining-announces-at-the-market-share-offering?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4023","BTCM","BIT","BK4595","XBTmain","BTCmain"],"gpt_icon":0},{"id":"2481934628","title":"Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2481934628","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481934628?lang=en_us&edition=fundamental","pubTime":"2024-11-06 23:59","pubTimestamp":1730908752,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were lower on Wednesday morning, down 1.2% to 2,064.56 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by cryptocurrency miner Bit Mining  and computer hardware maker Canaan , which advanced 8.1% and 5.7%, respectively. They were followed by capital market company AMTD IDEA Group , which climbed 3.3%.The decliners from North Asia were led by solar module manufacturer Jinko Solar  and carmaker Honda , which were falling nearly 13% and 8.7%, respectively. They were followed by Chinese photovoltaics company Daqo New Energy , which dropped 4%.From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories , which was up 4.5%.The decliners from South Asia were led by telecom Telekomunikasi Indonesia , which fell 1.9%, followed by ICICI Bank , which retreated 1.4%.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4115","BK7508","BK4207","RDY","BK4555","LU0143863784.USD","BK7162","LU1102505762.USD","LU1868837565.USD","LU0300738605.USD","RDY.AU","BK4535","BK4107","BK4531","HMC.AU","IE00BYTNYM70.SGD","LU0390135688.USD","HMC","LU0229945570.USD","BK4523","BK4147","LU0066902890.USD","BK4170","JKS","LU0823038988.USD","LU0264410563.USD","LU0390135332.USD","LU0181495838.USD","LU0531971678.HKD","BTCM","AFG","LU0828237940.HKD","TLK","BK4548","BK7062","BK4519","BK4588","AMTD","CAN","IE00B7N09G41.SGD","BK4099","DQ","LU1868837722.USD","LU1102505929.USD","IBN","BK7005","LU0823039010.USD","BK7096","BK4532"],"gpt_icon":1},{"id":"2471309088","title":"BIT Mining First Half 2024 Earnings: EPS: US$0.002 (vs US$0.54 loss in 1H 2023)","url":"https://stock-news.laohu8.com/highlight/detail?id=2471309088","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2471309088?lang=en_us&edition=fundamental","pubTime":"2024-09-29 20:02","pubTimestamp":1727611322,"startTime":"0","endTime":"0","summary":"Profit margin: 0.1% . The move to profitability was driven by lower expenses.NYSE:BTCM Earnings and Revenue History September 29th 2024. All figures shown in the chart above are for the trailing 12 month  period. BIT Mining shares are up 5.4% from a week ago.Don't forget that there may still be risks. For instance, we've identified   3 warning signs for BIT Mining   you should be aware of.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bit-mining-first-half-2024-120202864.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BIT","BTCM"],"gpt_icon":0}],"pageSize":16,"totalPage":9,"pageCount":8,"totalSize":129}]}}