WASHINGTON: The Securities and Exchange Commission has charged Bit Mining with violating the Foreign Corrupt Practices Act in connection with a bribery scheme to influence members of Japan’s parliament, it said on Monday.

The SEC said the company agreed to pay a $4 million civil penalty to resolve allegations that it violated the act from 2017 to 2019 by engaging in a large-scale bribery scheme to influence numerous officials foreigners, including members of the Japanese parliament, in efforts to establish an integrated system. casino in japan.