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According to a new report from Bloomberg, federal authorities have quietly been digging into Bitmain, the Beijing-based bitcoin mining hardware manufacturing giant, over fears that its devices could serve as a backdoor for Chinese espionage or even deliberate blackouts on the U.S. electrical grid. The Department of Homeland Security is said to have been running a secretive probe dubbed “Operation Red Sunset” for months, with agents tearing apart imported machines at ports in search…
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According to a new report from Bloomberg, federal authorities have quietly been digging into Bitmain, the Beijing-based bitcoin mining hardware manufacturing giant, over fears that its devices could serve as a backdoor for Chinese espionage or even deliberate blackouts on the U.S. electrical grid. The Department of Homeland Security is said to have been running a secretive probe dubbed “Operation Red Sunset” for months, with agents tearing apart imported machines at ports in search…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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