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DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering
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DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering

Yahoo Finance · Jun 24, 2026, 11:49 AM · Also reported by 4 other sources

Key takeaways

  • DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering Decrypt Agent Wed, June 24, 2026 at 6:49 PM GMT+7 3 min read U.S.
  • The account hosted "backend infrastructure" for those subsidiaries, prosecutors said, letting criminals move and conceal funds before converting them into the banking system undetected.
  • "Today s seizure strikes a blow against one of the world s most prolific criminal marketplaces," said Assistant Attorney General A.

DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering Decrypt Agent Wed, June 24, 2026 at 6:49 PM GMT+7 3 min read U.S. authorities have struck at the technical backbone of what they call one of the most prolific criminal marketplaces ever to operate online.

The Justice Department on Tuesday announced the seizure of a cloud computing account used by subsidiaries of the Huione Group, a Cambodia-based conglomerate accused of helping to launder billions of dollars in proceeds from crypto investment fraud and cyber scams. The account hosted "backend infrastructure" for those subsidiaries, prosecutors said, letting criminals move and conceal funds before converting them into the banking system undetected.

"Today s seizure strikes a blow against one of the world s most prolific criminal marketplaces," said Assistant Attorney General A. Tysen Duva of the department s Criminal Division. The account served as "a technological backbone that allowed billions in fraud proceeds to be transferred, moved, and concealed," he said, "much of it stolen through Southeast Asian scam centers."

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