Authorities target infrastructure used by Cambodia-based Huione Group to launder proceeds from cyber fraud and investment scams.
The US Justice Department seized a cloud computing account linked to Huione Group, a Cambodia-based conglomerate accused of laundering billions from crypto investment fraud and cyber scams. The account hosted backend infrastructure for Huione subsidiaries, enabling criminals to move and conceal funds before converting them into the banking system undetected.
Prosecutors identified the account as part of Huione Guarantee, a Telegram-based marketplace facilitating stolen data, laundering services, and tools for Southeast Asian scam operations. FinCEN simultaneously extended its ban on Huione to a successor entity, H-Pay Service PLC, to prevent evasion of US restrictions.
The move targets what authorities describe as one of the most prolific criminal marketplaces operating online, disrupting its technical backbone for illicit financial flows.