DOJ Seizes Huione Infrastructure Linked to Crypto Laundering
The U.S. Department of Justice seized a cloud computing account connected to Cambodia's Huione Group, a conglomerate allegedly involved in laundering billions in proceeds from cyber scams. This action disrupts the infrastructure of what the DOJ calls one of the world's most notorious criminal marketplaces, according to Decrypt.

On June 23, 2026, the U.S. Department of Justice (DOJ) announced the seizure of a cloud computing account that served as critical infrastructure for subsidiaries of Cambodia's Huione Group. This conglomerate is accused of facilitating the laundering of billions of dollars linked to investment fraud and cybercrime activities.
The seized account provided backend support for Huione Guarantee, a marketplace operating on Telegram that enabled the trading of stolen personal data, malware proceeds, and laundering services for scams prevalent in Southeast Asia. Assistant Attorney General A. Tysen Duva noted, "Today's seizure strikes a blow against one of the world's most prolific criminal marketplaces," emphasizing the importance of the technology involved in facilitating these illegal transactions.
The DOJ's action is part of a broader initiative to target the mechanisms used by criminal organizations to hide the origins of illicit funds. On the same day as the seizure, the Financial Crimes Enforcement Network (FinCEN) sought to extend a ban on Huione to its successor entity, H-Pay Service PLC, in an effort to prevent the group from circumventing U.S. regulations. This type of proactive enforcement is seen as essential in the ongoing battle against financial crime in the rapidly evolving digital landscape.
Summary based on original reporting by Decrypt Agent at Decrypt, originally published Jun 24, 2026. SolanaWire does not republish source content.

Standard Chartered Projects Aave Price Target of $3,500 by 2030
Standard Chartered's Geoff Kendrick forecasts Aave could reach $3,500 by 2030, a 50-fold increase from current levels. The projection reflects Aave's recovery from a previous April market disruption and its potential growth linked to decentralized finance, as reported by CoinDesk.
24 minutes ago·CoinDesk·Reported by Will Canny

Meta Develops Prediction Market Platform Called Arena
Meta is working on a prediction market platform known internally as "Arena," according to a report from the New York Times. The product is currently based on points instead of real money, strategically avoiding gambling regulations. This initiative ties into Meta's broader interest in crypto and finance, reflecting a competitive market landscape.
39 minutes ago·Decrypt·Reported by Tyler Warner

Litecoin’s Fourth Reward Halving Could Affect Market Trends
Litecoin's upcoming halving, expected around July 27, 2027, may influence its price positively, according to CoinDesk. Historical patterns suggest LTC may bottom out months in advance, potentially offering traders an opportune buying window as DeFi initiatives gain traction.
2 hours ago·CoinDesk·Reported by Omkar Godbole

Bitcoin Maintains $62,500 as Market Faces Bearish Pressure
Bitcoin holds above $62,500, while ether is near $1,665, as bearish sentiment prevails in the crypto market, according to CoinDesk. Widening put skews indicate increasing downside pressure, signaling that investors are wary as trading volumes in derivatives fall.
2 hours ago·CoinDesk·Reported by Oliver Knight
Trending this week

YZi Labs Ends Proxy War with CEA Industries Over Governance
YZi Labs has reached a cooperation agreement with CEA Industries, a company linked to the BNB treasury, following a leadership overhaul. Key figures from YZi Labs, including Ella Zhang and Matthew Roszak, have been appointed as directors while Alex Odagiu serves as interim president, as reported by CoinDesk.
2 hours ago·CoinDesk·Reported by Jamie Crawley

Cboe Returns to S&P 500 Binary Options, Competing with Prediction Markets
Cboe is reintroducing binary options for the S&P 500, a betting structure it last offered over a decade ago. This move aligns with growing mainstream interest in prediction markets seen on platforms like Polymarket and Kalshi, according to CoinDesk.
2 hours ago·CoinDesk·Reported by Shaurya Malwa

Farage Faces Investigation Over $6.7M Gift from Tether Stakeholder
Reform UK leader Nigel Farage defends a £5 million ($6.7 million) gift from Tether stakeholder Christopher Harborne, calling it a private matter. The Parliamentary Standards Commissioner is examining whether Farage should have declared the gift following his 2024 election, amid questions over potential ties to political advocacy, according to Decrypt.
3 hours ago·Decrypt·Reported by Decrypt Agent

Bitcoin Transactions Reach Two-Year High Driven by Runes Protocol
Bitcoin has surpassed 820,000 daily transactions, marking the highest count in over two years, largely due to increased activity related to the Runes protocol, according to CoinDesk. Runes generated 25% of all transaction fees, demonstrating significant utility on the Bitcoin network even amidst a bear market.
3 hours ago·CoinDesk·Reported by James Van Straten

