<p><span style="font-weight: 400;">The U.S.
Justice Department has seized a cloud computing account used by subsidiaries of the Cambodia-based Huione Group, an organization that has been accused of laundering billions of dollars in cryptocurrency fraud proceeds. </span></p>
<p><span style="font-weight: 400;">"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 Justice Department’s Criminal Division, in </span><a href="https://www.justice.gov/opa/pr/justice-department-seizes-backend-infrastructure-used-huione-group-money-laundering-services"><span style="font-weight: 400;">an announcement</span></a><span style="font-weight: 400;"> on Tuesday. </span></p>
<p><span style="font-weight: 400;">According to Duva, the Huione Group used the seized cloud computing account as part of “a technological backbone that allowed billions in fraud proceeds to be transferred, moved, and concealed,” often through Southeast Asian scam centers. </span></p>
