President Biden Blocks Chinese-Backed Crypto Miner Mining Near Nuclear Base: National Security Concerns Mount
The United States is taking a firm stance on national security. United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P, citing escalating concerns over Chinese influence near critical infrastructure. The move comes as President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
This decisive action highlights the Biden administration's commitment to safeguarding sensitive locations. President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, calling its proximity a potential vulnerability. The facility's location raised serious questions about potential surveillance and intelligence gathering activities.
The situation involves a Chinese-owned entity operating remarkably close to a strategically important military installation. President Biden on Monday ordered a company with Chinese origins to shut down and sell the Wyoming cryptocurrency mine it built a mile from an Air Force base that houses intercontinental ballistic missiles. This proximity sparked immediate alarm bells among security officials.
The order mandates the divestiture of the land. US President Joe Biden has ordered a Chinese-owned cryptocurrency miner and its partners to sell land they own near a US nuclear missile base, citing spying as a significant worry. The administration is determined to eliminate any potential risk of espionage or sabotage that could compromise national security.
This case underscores the growing scrutiny of Chinese investments and activities in the United States, particularly those near sensitive military sites. The Biden administration is sending a clear message that it will take assertive measures to protect critical infrastructure and prevent potential threats.