-
The
White
House
says
a
Chinese
crypto-mining
operation
set
up
shop
within
a
mile
of
a
U.S.
nuclear
missile
base
without
getting
proper
clearance. -
The
order
to
shut
it
down
said
it’s
using
foreign-source
technology
that
poses
national-security
concerns.
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.
The
White
House
order
said
the
British
Virgin
Islands
company
behind
MineOne,
which
is
majority
owned
by
Chinese
nationals,
must
remove
all
the
improvements
and
mining
equipment
on
the
property
located
within
a
mile
of
the
military
facility
in
Cheyenne
–
a
base
that
houses
Minuteman
III
nuclear
missiles.
The
company,
which
bought
the
property
in
2022,
was
accused
of
acquiring
the
land
and
starting
work
there
without
filing
with
the
Committee
on
Foreign
Investment
in
the
United
States
(CFIUS),
and
a
tip
started
an
investigation
into
that
acquisition,
according
to
the
White
House.
The
order,
which
also
authorized
the
U.S.
attorney
general
to
“take
any
steps
necessary”
to
enforce
it,
cited
the
“presence
of
specialized
equipment
on
the
property
used
to
conduct
cryptocurrency
mining
operations,
some
of
which
is
foreign-sourced
and
presents
significant
national
security
concerns,”
according
to
a
related
statement
from
the
Department
of
the
Treasury.
The
move
“highlights
the
critical
gatekeeper
role
that
CFIUS
serves
to
ensure
that
foreign
investment
does
not
undermine
our
national
security,
particularly
as
it
relates
to
transactions
that
present
risk
to
sensitive
U.S.
military
installations
as
well
as
those
involving
specialized
equipment
and
technologies,”
Secretary
of
the
Treasury
Janet
Yellen
said
in
a
statement.
MineOne
didn’t
immediately
respond
to
a
request
for
comment
sent
through
the
company’s
website.
