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CIFUS actions on foreign ownership near critical infrastructure in 2024
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Resolution / Starting Odds
No further actions • 25%
Additional divestitures ordered • 25%
New guidelines published • 25%
Increased scrutiny on existing foreign-owned properties • 25%
CIFUS announcements, government statements
Story
Biden Orders MineOne to Divest Wyoming Land Near Missile Base in 120 Days
May 13, 2024, 09:19 PM
President Joe Biden has issued an order blocking MineOne Partners Limited, a Chinese-backed cryptocurrency mining firm, from owning land near Francis E. Warren Air Force Base in Wyoming. The decision, citing national security concerns, mandates the firm, which never got proper clearance, to divest the property it acquired in June 2022 within 120 days. The proximity of MineOne's operations to the base, which houses nuclear ballistic missiles, was deemed a significant risk. The Committee on Foreign Investment in the United States (CIFUS) coordinated this action, highlighting the potential for espionage given the strategic location.
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No change in operations • 25%
Increase in divestments • 25%
Legal challenges • 25%
Seeking exemptions • 25%
Increase scrutiny and regulations • 34%
Maintain current policies • 33%
Ease restrictions • 33%
Major interventions • 33%
Moderate adjustments • 34%
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Increase • 33%
Decrease • 33%
No Change • 34%
Widespread adoption • 25%
Partial adoption • 25%
Limited adoption • 25%
Rejection of federal guidelines • 25%
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No • 50%
Increase transparency and compliance efforts • 33%
Reconsider or reduce U.S. investments • 33%
No significant change in strategy • 34%
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No sanctions • 25%
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Sector-wide sanctions • 25%
Comprehensive economic sanctions • 25%