US Treasury Secretary Janet Yellen delivers remarks at the Treasury Department's Committee on Foreign Investment in the United States conference at the Treasury Department in Washington, DC, on September 14, 2023.
U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base, citing national security concerns.
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.
The company's site contained "specialized and foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities," the presidential order said.
MineOne was ordered to divest from the land in the next 120 days, and to remove certain improvements and equipment at the property.
Persons:
Janet Yellen, Joe Biden, Francis E, Biden, MineOne
Organizations:
Treasury, Foreign Investment, United States, Treasury Department, Warren Air Force Base, British Virgin Islands
Locations:
Washington ,, Wyoming, British, United States, U.S