U.S. DOJ Seizes Cloud Account Linked to Cambodia's Huione, Targeting Southeast Asian Crypto Money Laundering Network

PA一线
PA一线
PANews reported on June 24, according to Decrypt, that the U.S. Department of Justice announced the seizure of a cloud computing account used by a subsidiary of the Cambodian conglomerate Huione Group. The account provided "backend infrastructure" for the Telegram marketplace Huione Guarantee and was allegedly used to facilitate the laundering of billions of dollars in proceeds from crypto investment scams and cyber fraud. The DOJ described the account as the "technical backbone" of the fraud network, used to move and conceal funds and access the banking system. Huione Guarantee (also known as Haowang Guarantee) matches stolen bank cards and identity data, malware monetization, and crypto laundering services on Telegram. It was previously identified by blockchain analytics firms as one of the largest illegal online marketplaces, surpassing Silk Road in scale. On the same day, the U.S. Treasury Department's FinCEN announced it would extend its previously imposed "primary money laundering concern" measures against Huione to its successor entity, H-Pay Service PLC, to prevent it from evading financial sanctions.
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