U.S. Treasury Sanctions Funnull for Role in Crypto Scams
SecuritycryptocybersecurityFUNNULLinfosecpigbutcheringpolyfillscamsspamsupplychainsupplychainattack
The U.S. Treasury has sanctioned Funnull for its involvement in providing infrastructure for crypto scams known as "pig butchering." These scams involve persuading victims to invest increasing amounts of money into fake cryptographic assets. The sanctions aim to disrupt Funnull's operations and deter other companies from engaging in such illegal activities.