Southeast Asian provider of ‘infrastructure laundering’ for scams is sanctioned by US (Joe Warminsky – The Record)

A Philippines-based web infrastructure provider is linked to the “majority of virtual currency investment scam websites reported to the FBI,” the U.S. government said in imposing sanctions against the company on Thursday. Funnull Technology Inc. supports “hundreds of thousands of websites” dedicated to the scams, otherwise known as pig butchering, according to the sanctions announcement by the Treasury Department’s Office of Foreign Assets Control (OFAC).

Southeast Asian provider of ‘infrastructure laundering’ for scams is sanctioned by US | The Record from Recorded Future News