FCC Commissioner Geoffrey Starks told Reuters that the company has been indirectly owned by "a small group of Russian oligarchs since at least 2011 … With the importance of the internet and the shifting national security environment facing our nation, protecting our communications networks has never been more critical."
Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid