According to Bloomberg, U.S. Republican Congressman Zachary Nunn has written to the Treasury Department, urging a review of Bitmain and its potential acquisition target, Cango, regarding their expansion activities in the U.S. He stated that their 'complex equity structure and financing arrangements' could pose potential national security risks. The letter pointed out that the two companies are expanding their U.S. operations through opaque methods, potentially involving critical issues such as energy usage and equipment control. Nunn called for an investigation by the Committee on Foreign Investment in the United States (CFIUS). Bitmain responded, stating it has no plans to acquire Cango. Both companies emphasized that they fully comply with U.S. laws and have no ties to any government or state-owned enterprises. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=48492