Tag: Filipino Tech Firm

  • US Sanctions Filipino Tech Firm Over Role in Crypto Scam Network

    US Sanctions Filipino Tech Firm Over Role in Crypto Scam Network

    The United States Treasury Department has imposed strict sanctions on a Philippines-based technology company, Funnull Technology, and its alleged administrator, Chinese national Liu Lizhi. According to the Treasury’s Office of Foreign Assets Control (OFAC), Funnull is a critical enabler of a massive global crypto scam network responsible for over $200 million in losses. The network…