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US Sanctions Philippines Tech Firm Over Crypto Scam Links

1 min read
Source: Krebs on Security
TL;DR

The U.S. government has imposed sanctions on Funnull Technology Inc., a Philippines-based cloud provider linked to facilitating 'pig butchering' scams that caused over $200 million in losses to Americans, highlighting the use of U.S. cloud infrastructure by cybercriminals involved in virtual currency scams and other malicious activities.

Topics:businessworld#cloud-providers#cybercrime#funnull#pig-butchering-scams#us-sanctions#world
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  1. U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams  Krebs on Security
  2. Feds gut host behind pig butchering scams that bilked $200M from Americans  theregister.com
  3. US sanctions Philippines digital infrastructure provider linked to virtual currency scams  Reuters
  4. US government sanctions tech company involved in cyber scams  TechCrunch
  5. US sanctions Philippines tech firm accused of aiding crypto scams  Cointelegraph

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