US government sanctions tech company involved in cyber scams | TechCrunch

Image for article US government sanctions tech company involved in cyber scams | TechCrunch
News Source : TechCrunch

News Summary

  • The U
  • S
  • government imposed sanctions on Funnull, a company accused of providing infrastructure for cybercriminals running “pig butchering” crypto scams
  • Funnull is based in the Philippines and run by Chinese-national Liu Lizhi, who was also sanctioned on Thursday
  • According to the Treasury, Funnull generated domain names for websites on IP addresses it owns
The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running socalled pig butchering crypto scams that have led to $200 million in los [+3101 chars]

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