DOJ Seizes Huione Cloud Infrastructure Used to Launder Billions in Crypto Fraud

According to the U.S. Justice Department, on June 23, federal prosecutors seized a cloud computing account that hosted backend infrastructure for Huione Group subsidiaries, a Cambodia-based conglomerate accused of laundering billions of dollars in crypto fraud proceeds. The account ran Huione Guarantee, a Telegram-based marketplace where vendors traded stolen data, malware, and laundering services for Southeast Asian scam operations.

On the same day, the Treasury's Financial Crimes Enforcement Network moved to extend its existing ban on Huione to a successor entity, H-Pay Service PLC, to prevent the group from circumventing U.S. restrictions.