FBI Flags Philippines Tech Company Behind Crypto Scam Infrastructure
The FBI provided details of Funnull’s malicious activities, selling infrastructure to criminal groups to facilitate cryptocurrency fraud in the US
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The FBI provided details of Funnull’s malicious activities, selling infrastructure to criminal groups to facilitate cryptocurrency fraud in the US
The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has levied sanctions against a Philippines-based company named Funnull Technology Inc. and its administrator Liu Lizhi for providing infrastructure to conduct romance baiting scams that led to massive cryptocurrency losses
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.
Philippines company allegedly run by Chinese national has form running scams The US Treasury has sanctioned a Philippine company and its administrator after linking them to the infrastructure behind the majority of so-called "pig butchering" scams reported to the FBI.…
The U.S. Treasury Department has sanctioned Funnull Technology, a Philippines-based company that supports hundreds of thousands of malicious websites behind cyber scams linked to over $200 million in losses for Americans. [...]