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The U.S. government today imposed economic sanctions on Funnull Technology Inc., a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams, commonly known as “pig butchering." In January 2025, KrebsOnSecurity detailed how Funnull was being used as a content delivery network that catered to cybercriminals seeking to route their traffic through U.S.-based cloud providers.

Plus: Weibo cracks down on political puns; Singaporean crypto biz Vauld restructures; Philippines fights Facebook rumors Asia In Brief Senior execs from Alibaba Cloud were summoned to discuss the data leak that saw information pertaining to a billion Chinese citizens sold on the dark web, according to Nikkei and The Wall Street Journal.…