May 7, 2025

Bit Mining resolves foreign bribery case as former CEO indicted for Japanese scandal

1 min read

BIT Mining, formerly known as 500.com, has settled with the U.S. Department of Justice and SEC over Foreign Corrupt Practices Act (FCPA) violations. At the same time, its former CEO, Zhengming Pan, faces criminal charges for orchestrating bribes to Japanese government officials in a failed casino resort bid scheme. US DOJ unsealed an indictment against

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