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U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

·1 min

U.S. President Joe Biden issued an order forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base due to national security concerns. The company, MineOne, acquired the real estate in June 2022, placing its operations near the Francis E. Warren Air Force Base, a ‘strategic missile base and key element of America’s nuclear triad,’ according to the White House. The presidential order stated that the company’s site contained equipment potentially capable of facilitating surveillance and espionage activities. MineOne has been instructed to divest from the land within the next 120 days. This move comes in the midst of increasing tensions between the United States and China.