U.S. Orders Chinese-Backed Crypto Miner to Sell Land Near Nuclear Missile Base

May 14th, 2024

Via: CNBC:

President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base, citing national security concerns.

The company, MineOne, acquired the real estate in June 2022, placing its operations within a mile of Francis E. Warren Air Force Base, a “strategic missile base and key element of America’s nuclear triad,” according to the White House.

The company’s site contained “specialized and foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities,” the presidential order said.

Biden said there was “credible evidence” to believe that the company, a British Virgin Islands firm that is majority-owned by Chinese nationals, “might take action that threatens to impair the national security of the United States.”

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One Response to “U.S. Orders Chinese-Backed Crypto Miner to Sell Land Near Nuclear Missile Base”

  1. Snowman says:

    Who does Biden have lined up to buy it? Where is all the equipment on it going to go, or stay? How did Biden find out what’s there? Were some workers Americans? What did they learn there?

    In the olden days, journalists would be rushing there to get the story and tell us all about it.

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