DOJ Seizes Huione Group Cloud Infrastructure in Cryptocurrency Laundering Crackdown

The U.S. Department of Justice announced the seizure of cloud computing accounts used by Cambodian subsidiaries of Huione Group, which allegedly hosted backend infrastructure supporting large-scale cryptocurrency money laundering operations.

According to DOJ statements, Huione Guarantee operated Telegram channels facilitating the sale of stolen credit card and identity information, proceeds from malware-enabled theft, human trafficking recruitment, and cryptocurrency laundering. The account was used to move illicit funds across blockchain networks into the legitimate banking system. The FBI reported Americans lost over $20 billion to cybercrime last year, a 26% annual increase.