US DoJ hits Huione’s technical backbone, seizing cloud infrastructure allegedly used to move and conceal scam and crypto-fraud proceeds

Justice Department seized a cloud computing account used by Huione Group subsidiaries that allegedly helped transfer cyber-scam, cryptocurrency investment fraud and other criminal proceeds through blockchain channels and into the legitimate banking system. The action is closely linked to FinCEN’s earlier finding that Huione Group was a primary money laundering concern, so I’d include it only if you want a follow-up to the Huione/H-Pay item rather than a separate story.