US Seizes Cloud Infrastructure of Cambodia-Based Huione Group in Cyber Fraud Crackdown

The United States Department of Justice seized a cloud‑computing account used by subsidiaries of the Huione Group, a Cambodia‑based digital‑asset conglomerate accused of facilitating multi‑billion‑dollar crypto‑money‑laundering operations. The seizure, carried out by the FBI’s San Francisco Field Office with assistance from blockchain‑analysis firms Chainalysis and Elliptic and Google’s CyberCrime Investigation Team, targets the technological backbone that allowed fraud proceeds from online scams to be moved and concealed.

In a parallel move, the U.S. Treasury’s Office of Foreign Assets Control designated nine individuals and 26 entities linked to the Prince Group – a transnational criminal organization that used Huione’s platform for “pig‑butchering” romance scams – and barred Huione from the U.S. financial system. Chainalysis estimates Huione Guarantee processed over $70 billion in cryptocurrency over five years, serving as a one‑stop shop for illicit actors. The actions are part of the broader “Operation Riptide” effort to disrupt cyber‑enabled fraud networks targeting American victims.