The U.S. Department of Justice has seized infrastructure linked to Cambodia-based Huione Group, saying the systems were used to support cryptocurrency money laundering and online fraud operations. The action, announced Tuesday, marks the latest effort by U.S. authorities to disrupt networks accused of moving illicit funds through digital assets.
According to prosecutors, the seized cloud computing account hosted backend services used by companies associated with Huione Guarantee, also known as Haowang Guarantee. Authorities allege the platform helped facilitate cryptocurrency laundering, investment scams, and other cyber-enabled fraud schemes.
The Justice Department said the network also provided escrow services and supported illicit marketplaces operating through Telegram channels. Investigators believe the infrastructure played a role in helping fraud operators move stolen funds and convert cryptocurrency proceeds into the traditional financial system.
Authorities target key fraud infrastructure
Assistant Attorney General A. Tysen Duva described the seizure as a significant step in the government’s efforts to combat online fraud and cryptocurrency-related crime. In a statement, Duva called Huione “one of the world’s most prolific criminal marketplaces” and said the cloud account served as a key piece of infrastructure used to move and conceal proceeds from fraud schemes.
Federal prosecutors allege that the account helped support operations that processed billions of dollars tied to illicit activity. The seizure is part of a broader crackdown on networks accused of facilitating cyber scams and cryptocurrency laundering.
U.S. Attorney Craig Missakian said authorities would continue pursuing individuals and businesses that misuse American technology to carry out fraud. “We will not allow individuals or companies to exploit our country’s technology to defraud hardworking Americans,” he said.
The FBI also emphasized its commitment to disrupting the infrastructure behind online scams. Investigators said they have linked multiple cryptocurrency thefts and investment fraud schemes to wallets associated with the Huione network.
Treasury expands pressure on criminal networks
The Justice Department’s action comes alongside a broader U.S. government effort to disrupt networks linked to online fraud and cryptocurrency laundering.
The Treasury Department recently imposed sanctions on nine individuals and 26 entities tied to the Prince Group Transnational Criminal Organization, which authorities allege is connected to large-scale scam operations. Separately, the Financial Crimes Enforcement Network (FinCEN) has proposed expanding restrictions on businesses linked to the Huione network, including H-Pay Service PLC, which regulators identified as part of the broader operation.
Federal agencies say the measures are aimed at cutting off channels used to move illicit funds through the financial system. The crackdown follows a surge in crypto-related fraud losses. According to the FBI’s Internet Crime Complaint Center, Americans reported more than $7.2 billion in losses from cryptocurrency investment scams in 2025.
The enforcement campaign is continuing under Operation Riptide, a government initiative targeting cybercriminal organizations and the infrastructure that supports money laundering. FBI Director Kash Patel said authorities would continue pursuing those behind crypto fraud schemes, warning that investigators are working to identify and prosecute operators who target U.S. victims.
Also Read: Prince Group Hit With U.S. Sanctions in Crypto Fraud Crackdown
