Biden Orders Chinese Crypto Mining Company to Sell Land Near US Military Base

Published on May 14, 2024

The Biden administration has ordered a China-linked cryptocurrency mining company and its partners to sell off its land near a U.S. Air Force base in Wyoming. In an executive order issued on May 13, President Joe Biden instructed MineOne Partners Limited, a British Virgin Islands company majority-owned by Chinese nationals, to sell off the land that was within one mile of the F.E. Warren Air Force Base. Located in Cheyenne, Wyoming, the military base is home to Minuteman III intercontinental ballistic missiles. President Biden said the company’s cryptocurrency mining operations included the use of foreign-sourced technology, which posed national security concerns....