U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud
The U.S. Department of Treasury's Office of Foreign Assets Control
(OFAC) has levied sanctions against a Philippines-based company
named Funnull Technology Inc. and its administrator Liu Lizhi for
providing infrastructure to conduct romance baiting scams that led
to massive cryptocurrency losses. The Treasury accused the
Taguig-headquartered company of enabling thousands of websites
involved in
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