Biden Shuts Down Strange Chinese-Backed Business In Wyoming

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( – On Monday, President Joe Biden signed an executive order in which he calls for MineOne Partners Limites, a Chinese-backed cryptocurrency mine, located close to a nuclear missile base in Wyoming to close. As he argued these operations could pose a risk to the national security of the United States. 

The company is located close to the Francis E. Warren Air Force Base and it has been instructed that it needs to shut down its cryptocurrency mine which is located just outside of Cheyenne in Wyoming. MineOne came under majority control of Chinese nationals in 2022 after a purchase in June. The order argued that the company had made alterations to the property in order to be able to use it for specialized cryptocurrency mining operations. The mine has been built around one mile away from an Air Force base that is working on nuclear-armed intercontinental ballistic missiles. 

The executive order argued that the proximity between the mine and the missile base could pose a risk as there is foreign-sourced equipment in the location that could potentially have the capabilities of surveying and being in charge of espionage activities that would pose a national security risk to the United States. 

The company along with its affiliates had been ordered to remove all of the equipment from the property within the next 90 days. They also have 120 days for the sale or transfer of the company. 

This order comes months after it was reported that Microsoft has expressed concerns relating to the facility.

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