menu
techminis

A naukri.com initiative

google-web-stories
source image

Securityaffairs

3d

read

155

img
dot

Image Credit: Securityaffairs

US Treasury sanctioned the firm Funnull Technology as major cyber scam facilitator

  • The U.S. Treasury sanctioned Funnull Technology and Liu Lizhi for facilitating romance scams leading to significant losses in cryptocurrency fraud.
  • Funnull Technology Inc. aided in cyber scams by providing infrastructure for fake platforms, resulting in over $200 million in losses for U.S. victims.
  • Romance scams involve scammers building fake romantic relationships to exploit victims for financial gain by manipulating them into sending money or sensitive information.
  • The FBI issued a FLASH alert highlighting indicators of compromise associated with Funnull's malicious cyber activities, including patterns of IP address activity and domain migrations.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app