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The U.S. Treasury Department sanctioned Huione Group, and the FBI seized cryptocurrency infrastructure linked to $70B scam operations. According to OFAC and the FBI, the U.S. Treasury took action against Huione Group on Tuesday, designating 26 entities and 9 individuals connected to Prince Group, a transnational criminal organization that targets Americans with pig-butchering romance scams. The Foreign Assets Control Office (OFAC) prohibits U.S. financial institutions from opening or maintaining correspondent accounts for Huione Group. The FBI confiscated the cloud computing infrastructure Huione used to support the operation. According to Chainalysis, Huione Guarantee has processed more than $70 billion in cryptocurrency over the past five years, laundering money for Prince Group.