The United States launches an investigation into Bitmain.

The United States has launched an investigation into Bitcoin mining giant Bitmain due to national security concerns. Operation Red Sunset, led by the U.S. Department of Homeland Security, is reportedly investigating whether Bitmain's mining rigs could be used for espionage or power grid sabotage in the United States. Bitmain has denied possessing any remote control capabilities, stating that the company "strictly complies with U.S. and applicable laws and regulations and has never engaged in any activities that pose a risk to U.S. national security," and calling claims that it can remotely control equipment "absolutely false." (The Block)