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The US Treasury sanctions Philippines-based Funnull Technology for allegedly facilitating “pig butchering” crypto scams that stole over $200M from US victims

The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called …

TechCrunch Lorenzo Franceschi-Bicchierai

Discussion

  • @campuscodi.risky.biz Catalin Cimpanu on bluesky
    US sanctions Funnull and its administrator for providing hosting infrastructure to cyber scam operators  —  home.treasury.gov/news/press- r...
  • @ericjgeller.com Eric Geller on bluesky
    Treasury sanctions a Filipino company and its Chinese administrator for providing computer infrastructure to pig-butchering operations: home.treasury.gov/news/press- r...  These scams cost Americans billions of $ in lost cryptocurrency every year; this company facilitated scams c…
  • @thezedwards Zach Edwards on x
    Our team @silentpush has been working on FUNNULL research for years now. Our piece from last year @ https://www.silentpush.com/... And this year's update on Infrastructure Laundering they do abusing major cloud providers https://www.silentpush.com/...
  • @fbi @fbi on x
    The FBI has released a FLASH report to provide technical details associated with Funnull Technology Inc., a company that provides infrastructure for thousands of websites linked to cryptocurrency investment fraud, often referred to as “pig butchering” https://www.ic3.gov/... [ima…
  • @ustreasury @ustreasury on x
    Today, the Department of the Treasury's Office of Foreign Assets Control sanctioned 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
  • @statedeptspox Tammy Bruce on x
    The U.S. is sanctioning Philippines-based company Funnull and its administrator for their connection to virtual currency investment scams that cause serious harm to the American people. We will continue to pursue cybercriminals who abuse the U.S. financial sector.
  • @treasurydepsec Deputy Secretary Michael Faulkender on x
    Today's @USTreasury action against Funnull Technology underscores our focus on disrupting the criminal enterprises that enable cyber scams and deprive Americans of their hard-earned savings. The United States is strongly committed to ensuring the continued growth of a