U.S. sanctions Philippine firm Funnull over role in global crypto scam network

30-5-2025 – The United States Treasury has imposed sanctions on Funnull Technology Inc. , a company based in the Philippines, accused of enabling a sprawling network of digital currency frauds commonly referred to as “pig butchering” scams. The Treasury alleges that Funnull, alongside its suspected administrator, 40-year-old Chinese national Liu Lizhi, has been instrumental in supplying [. source: https://www.cointrackdaily.com/u-s-sanctions-philippine-firm-funnull-over-role-in-global-crypto-scam-network/