FinCEN
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U.S. seizes cloud account tied to HuiOne money laundering network
U.S. authorities seized a cloud account used by HuiOne Group subsidiaries and imposed new sanctions tied to Prince Group. Officials said the move targeted infrastructure that helped move billions of dollars from fraud and scam operations.
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FinCEN: Ransomware Payments Fell in 2024 After 2023 Peak, Report Shows
FinCEN reported 4,194 ransomware incidents from 2022–2024 with more than $2.1 billion in payments; activity peaked in 2023 and fell in 2024 after law enforcement disruptions of major gangs.
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U.S. seizes $15 billion in Bitcoin, sanctions Southeast Asia cybercrime network tied to alleged Cambodian leader
U.S. authorities announced the seizure of 127,271 Bitcoin (about $15 billion) tied to Chen Zhi and unsealed an indictment alleging he ran the Prince Group, a Cambodia-based network of scam compounds linked to human trafficking and global fraud; coordinated U.S. and U.K. sanctions targeted people, businesses and the Huione Group.
