
KEY POINTS
- MineOne allegedly did not report its acquisition transaction of the property in June 2022
- The Treasury Department said the Chinese crypto firm posed national security risks
- Biden said in the order that there is 'credible evidence' MineOne can conduct surveillance activities
U.S. President Joe Biden has just barred a Chinese cryptocurrency mining company from owning property near the Francis E. Warren Air Force Base in Wyoming, citing national security risk concerns.