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



Source: TheHackerNews
Source Link: https://thehackernews.com/2025/05/us-sanctions-funnull-for-200m-romance.html