The White House has issued an order forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming-based nuclear missile base.
The Biden administration has ordered a Chinese-backed cryptocurrency mining company to sell land near a U.S. nuclear missile base following an investigation by a government agency.
The company, MineOne, acquired the real estate in June 2022, placing its operations within a mile of the Francis E. Warren Air Force Base, a "strategic missile base and key element of America's nuclear triad," according to the White House. MineOne was ordered to divest from the land in the next 120 days, and to remove certain improvements and equipment at the property. The company did not immediately respond to CNBC's request for comment.
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