Sunday, April 27, 2025

Biden Orders Sale of Land Near U.S. Base Owned by Chinese Crypto Company

AP Newsis

On May 13th (GMT), President Joe Biden of the United States issued a land sale order for a Chinese cryptocurrency mining company’s land near a U.S. military base in Wyoming.

The reason is the presence of a U.S. nuclear missile base near the location of Mine One Partners‘ servers. This Chinese cryptocurrency mining company uses these servers for cryptocurrency mining.

According to Financial Times (FT), President Biden ordered Mine One Partners and its partners to sell the land near Warren Air Force Base within 120 days.

Warren Air Force Base is one of the places where the United States’ intercontinental nuclear missiles are stored.

The White House revealed that this cryptocurrency mining company is a British Virgin Islands company with Chinese people as major shareholders. They made their nest here without notifying the U.S. government of sensitive transaction details, explained the White House.

Biden described Mine One Partners as a specialized place for cryptocurrency mining that could potentially threaten national security with foreign source technology.

He emphasized, “The presence of foreign-owned real estate near a strategic missile base and a core element of the US nuclear triad, and the presence of foreign-made equipment that could be used for surveillance and spying activities, are threats to national security.”

Since former President Donald Trump, the United States has been taking various measures, claiming that China is threatening U.S. security.

The U.S. recently decided to ban TikTok if ByteDance of China does not sell its U.S. business rights.

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