Sanctions Over Role in Cyber Scams CPO Magazine (06/02, Ikeda) reported that the Philippines-based company Funnull Technology and its administrator Liu Lizhi have been sanctioned by the Office of Foreign Assets Control (OFAC) for providing infrastructure for hundreds of thousands of malicious sites engagi

Sanctions Over Role in Cyber Scams CPO Magazine (06/02, Ikeda) reported that the Philippines-based company Funnull Technology and its administrator Liu Lizhi have been sanctioned by the Office of Foreign Assets Control (OFAC) for providing infrastructure for hundreds of thousands of malicious sites engagi

Stole $200M From U.S. Victims CyberScoop (05/29, Kapko) reported that the Treasury Department sanctioned Funnull Technology and its administrator, Liu Lizhi, for facilitating cryptocurrency scams that defrauded U.S. victims of over $200 million. According to the article, Funnull provided infrastructure,