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VisitUS Orders Chinese Crypto Miner to Sell Land Near Warren Air Force Base
May 14, 2024, 02:04 AM
The United States government has declared a Chinese-backed cryptocurrency mining company, MineOne, a national security threat. President Joe Biden issued an order on Monday requiring the firm to divest its property near Warren Air Force Base in Wyoming, which houses nuclear ballistic missiles, within 120 days. The decision was made due to concerns over potential espionage and the proximity of the foreign-owned real estate to a strategic missile base, which is a key element of America's nuclear triad.
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Markets
Yes • 50%
No • 50%
US government press releases or legal documents
Yes • 50%
No • 50%
Official statements from the US government or MineOne
No • 50%
Yes • 50%
News reports, official US government announcements
Retaliatory economic measures • 25%
Formal diplomatic protest • 25%
No significant response • 25%
Negotiations for resolution • 25%
Official statements from the Chinese government
Improvement through negotiations • 34%
No significant change • 33%
Significant deterioration • 33%
Analysis from geopolitical experts, official statements
Remains unsold • 34%
Purchased by a non-US foreign company • 33%
Purchased by a US-based company • 33%
Public records, news reports