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US government sanctions tech company involved in cyber scams
The Treasury said FUNNULL was involved in providing infrastructure for pig butchering crypto scams.
The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called “pig butchering” crypto scams that have led to $200 million in losses for Americans victims. FUNNULL, according to the Treasury, generated domain names for websites on IP addresses it owns, and provided “web design templates to cybercriminals.” Zach Edwards, a researcher at Silent Push who worked on the FUNNULL report last year, told TechCrunch that he was “really glad to see the facts aligned with our suspicions.”
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