DOJ Seizes Huione Group Cloud Account Tied to Billions in Crypto Laundering

The Justice Department seized backend infrastructure for the Huione Group on June 23, the Cambodia-based marketplace FinCEN named a primary money laundering concern, as on-chain analytics traced billions in crypto fraud proceeds.

DOJ Seizes Huione Group Cloud Account Tied to Billions in Crypto Laundering The Justice Department seized backend infrastructure for the Huione Group on June 23, the Cambodia-based marketplace FinCEN named a primary money laundering concern, as on-chain analytics traced billions in crypto fraud proceeds. Aaron Rafferty June 24, 2026 Key Takeaways: The Justice Department seized a cloud computing account that ran backend infrastructure for the Huione Group, a Cambodia-based conglomerate tied to billions in crypto money laundering, on June 23, 2026. Americans reported more than $7.2 billion in cryptocurrency investment fraud losses in 2025, part of more than $20 billion in total cybercrime losses, according to the FBI. Blockchain analytics firms Chainalysis and Elliptic helped trace the funds, a reminder that public ledgers can expose the laundering they are accused of enabling. The Justice Department seized a cloud computing account that powered the Huione Group's money laundering operation on Tuesday, June 23, striking at one of the largest criminal marketplaces on the internet. Huione is a Cambodia-based conglomerate whose subsidiaries, prosecutors say, helped move the proceeds of crypto investment fraud, cyber heists, and online scams off blockchains and into the regular banking system. The seized account hosted the backend for Huione Guarantee , also called Haowang Guarantee, which ran Telegram channels advertising stolen credit cards, identity data, malware proceeds, and even human trafficking services, alongside escrow for laundering crypto from romance and investment scams. The numbers behind it are hard to ignore. Americans reported more than $7.2 billion in losses to cryptocurrency investment fraud in 2025 through the FBI's Internet Crime Complaint Center