BIT Mining to pay $10M fine for bribing Japanese politicians in former life ⚖️
BIT Mining, previously known as 500.com, is facing a $10 million fine due to its past involvement in a bribery scandal. The company made approximately $2.5 million in bribes to Japanese politicians over the course of two years, from 2017 to 2019.
This unethical conduct, rooted in its previous operations as an online sports casino, has resulted in serious financial penalties as the company attempts to move beyond its troubled past.
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