The American Treasury has approved a Philippines -based technology firm and its alleged administrator, alleging services to thousands of crypto scam websites.
Funnull is connected to technology Most crypto scam websites FBI was informed, $ 200 million with the loss of victims, Treasury’s Office Foreign Property Control (OFAC) office Said On 29 May.
Funnull Cloud buys IP addresses from service providers in bulk and sells them to scammers, allowing them to host and operate clones of legitimate investment platforms, Cheat the victims and steal their cryptoAccording to.
In an example in 2024, ONAC said Scam website And online gambling sites.
“These services not only make it easier to implement reliable brands when constructing scam websites for cyber criminal, but also allows them to replace separate domain names and IP addresses quickly when valid providers try to take down the websites,” ONAC said.
Crypto Wallets, Funonul Admin Accepted
Fannul’s accused administrator, Liu Lizi – a Chinese citizen who managed the firm’s employees – also couple As part of the restrictions to the specially designated citizens and blocked individuals (SDN) list of the offac.
usually, Creature This in the SDN list means that any person’s property in the US is frozen, and it is illegal for people to conduct any financial transactions or to behave business with them; Violers can withstand citizens and criminal punishment.
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Ofac was also approved Two wallet addresses This said Said The May 29 report “used to receive payment from cyber criminals.”
“Additionally, addresses show indirect risks to various types of scams and domain management infrastructure vendors,” said the channelsis.
Channelis claimed that Funnel is a central player in a network known as Triad Nexus, including more than 200,000 unique hosts associated with investment scams and fake trading apps.
As a result of restrictions, everyone We are now forbidden to negotiate With all assets and commercial interests where Lizi and Funnul have more than 50% stake, there is possibly faced by citizens or criminal punishment with violations.
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