BIT Mining (BTCM) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
BIT Mining Limited has reached a deferred prosecution agreement with the U.S. Department of Justice and consented to a cease-and-desist order from the U.S. Securities and Exchange Commission regarding an investigation linked to a potential casino project in Japan. The company will pay a $10 million penalty, enhance its compliance programs, and report annually on remediation efforts, potentially avoiding further prosecution. This resolution marks a significant step in fortifying BIT Mining’s adherence to financial regulations and anti-corruption laws.
For further insights into BTCM stock, check out TipRanks’ Stock Analysis page.
