DoJ charges pair over China-linked attempt to build semi-autonomous crypto haven on nuked Pacific Atoll
About halfway between The Philippines and Hawaii is a place called Rongelap Atoll that’s infamous for having been unintentionally irradiated by nuclear weapons tests conducted by America at nearby Bikini Atoll in 1954.
Rongelap is now part of the Republic of the Marshall Islands which has fought for compensation and justice for the atoll’s residents. That struggle is just about the only reason anyone outside the Marshall Islands pays attention to Rongelap.an indictment that alleges the atoll has been of interest for odd reasons: a China-linked scheme to create a semi-autonomous region that would be a haven for digital dealings.
[PDF] the IMF noted the proposal to create a digital economic zone on Rongelap and characterized it as “envisioned to focus on virtual means of exchange, including virtual assets.”
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