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U.S. Treasury Sanctions Philippines’ Funnull Technology, Exposing Crypto Scam Infrastructure and International Regulatory Challenges
U.S. Treasury’s Crackdown Highlights Growing Threat of Global Crypto Scam Networks On May 29, 2025, the U.S. Department of the Treasury imposed sanctions on Funnull Technology Inc., a Philippine-based firm. The company is accused of providing critical infrastructure for “pig butchering” crypto scams. These scams have defrauded investors worldwide of an estimated $200 million. Funnull’s […]
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