U.S. Sanctions Funnull for $200M Romance Scam Linked to Crypto Fraud
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Funnull Technology Inc., a Philippines-based company, along with its administrator Liu Lizhi, for facilitating extensive romance baiting scams that resulted in substantial cryptocurrency losses. Operating out of Taguig, Philippines, Funnull allegedly provided technical support to thousands of fraudulent websites offering fake … Continued