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]