Articles
Crypto Market Analysis

Warren probes China-based Bitmain over US security concerns: Report

User Image

Por Anónimo

Creado March 28, 2026|2 minutos de lectura
Main Image

US authorities launched the “Operation Red Sunset” probe into Bitmain last year over potential espionage and grid risks.

Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain how it is handling potential national security risks tied to Chinese crypto mining giant Bitmain, following previous reports that the firm has been under federal scrutiny.

In a letter sent Thursday to Commerce Secretary Howard Lutnick, Warren requested documents and communications related to Bitmain, which manufactures a large share of the world’s Bitcoin mining equipment, Bloomberg reported on Friday.

In November last year, it was reported that US authorities had launched an investigation into Bitmain over potential national security risks. The probe, known as “Operation Red Sunset” and led by the US Department of Homeland Security, aimed to examine whether Bitmain’s ASIC machines could be remotely accessed for espionage or used to disrupt the US power grid.

According to Bloomberg, the probe remains unresolved, and its current status is unclear. National security investigations of this type can run for years without public disclosure or legal action.

Related: MARA sells $1.1B in Bitcoin to buy back debt at 9% discount

The scrutiny follows earlier actions, including halted shipments of Bitmain devices and a separate investigation into a related Chinese chip firm over alleged links to sanctioned Huawei.

In 2024, a federal review also flagged the use of its machines near a US military base as raising “significant national security concerns.”

In July last year, Bloomberg also reported that Bitmain is preparing to open its first US-based ASIC manufacturing facility, with chip production expected to begin in early 2026 and scale by year-end.

Cointelegraph reached out to Warren and Bitmain for comment, but had not received a response by publication.

Related: Bitcoin mining difficulty falls 7.7% as miner pressure persists

Bitmain’s machines are widely used in Bitcoin mining operations, including by American Bitcoin Corp., which counts Eric Trump and Donald Trump Jr. among its investors. The firm agreed last year to acquire 16,000 Bitmain rigs in a $314 million deal.

Warren’s letter also seeks details on any communications between Bitmain, the Trump family and Commerce officials, and asks what steps the department has taken to shield national security decisions from political influence.

Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author

Source: CoinTelegraph


Otros artículos publicados recientemente

NYSE owner doubles down on Polymarket with fresh $600 million investment
NYSE owner doubles down on Polymarket with fresh $600 million investment

Crypto Market Analysis

The parent company of the New York Stock Exchange is cementing its bet on the future of prediction m...

CoinDesk 20 performance update: AAVE drops 3.2% as nearly all constituents decline
CoinDesk 20 performance update: AAVE drops 3.2% as nearly all constituents decline

Bitcoin

Bitcoin Cash (BCH), up 0.8% from Thursday, was the only gainer.Source: CoinDesk...

Anthropic’s massive 'Claude Mythos' leak sends software names — and crypto — sharply lower
Anthropic’s massive 'Claude Mythos' leak sends software names — and crypto — sharply lower

Crypto Market Analysis

The model could significantly heighten cybersecurity risks by rapidly finding and exploiting softwar...

Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout
Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Crypto Market Analysis

The Friday plunge fits into a pattern since the war in Iran broke out, with gains on Monday turning ...

XRP risk-reward improves as whale accumulation rises: Will price follow?
XRP risk-reward improves as whale accumulation rises: Will price follow?

Crypto Market Analysis

XRP shows improving risk-adjusted returns alongside rising whale flows, but rising leverage use and ...

Spot Bitcoin ETFs break 4-week inflow streak as capital avoids ‘directional risk’
Spot Bitcoin ETFs break 4-week inflow streak as capital avoids ‘directional risk’

Bitcoin

Spot Bitcoin ETFs see $296 million in weekly outflows after a month-long inflow streak, as macro unc...