The U.S. government has sanctioned Funnull Technology Inc., a cloud provider linked to 'pig butchering' scams, aiming to disrupt cybercriminal activities. This article explores the nature of these scams, Funnull's role in facilitating them, and provides crucial tips for safeguarding against such frauds.
In a significant move to combat escalating cybercrime, the U.S. government has imposed economic sanctions on Funnull Technology Inc., a Philippines-based cloud provider implicated in facilitating virtual currency investment scams, commonly referred to as “pig butchering.” These scams have become notorious for their sophisticated methods of defrauding unsuspecting victims.
“Pig butchering” refers to a type of online scam where fraudsters invest time and resources into building relationships with victims, often through social media or online dating platforms. Once trust is established, scammers present lucrative investment opportunities in cryptocurrencies, coaxing victims to invest significant sums of money. These scams prey on individuals’ hopes of financial gain, only to leave them with empty wallets.
According to recent investigations, Funnull was identified as a key player in providing the necessary infrastructure for numerous websites that promote these scams. In January 2025, KrebsOnSecurity reported that Funnull was utilized as a content delivery network (CDN) by cybercriminals seeking to obscure their activities by routing traffic through U.S.-based servers. This infrastructure facilitated the seamless operation of fraudulent websites, allowing scammers to operate with relative anonymity.
The sanctions imposed on Funnull are intended to disrupt the operations of these cybercriminal networks and curtail their ability to target individuals across the globe. By cutting off access to financial systems and resources, the U.S. government aims to hinder the functionality of these scams and protect potential victims.
The imposition of sanctions on Funnull Technology Inc. marks a critical step in the fight against cybercrime and the protection of consumers. As these scams continue to evolve, it is essential for individuals to remain vigilant and informed. By understanding the tactics used by fraudsters and taking proactive measures, we can safeguard ourselves from becoming victims of these malicious schemes.
In May 2025, a U.S. government sanction against a Chinese national linked to virtual currency scams highlights the challenges in enforcing compliance among major tech platforms. Despite these sanctions, the accused continues to operate across significant American tech companies, raising concerns about their effectiveness in combating cybercrime. This article explores the implications and recommendations for tech companies to enhance their compliance and protect users.
Recent findings reveal the dark underbelly of the adtech industry, where malicious technologies are exploited for disinformation campaigns, particularly those backed by the Kremlin. This article explores the methods these campaigns use to evade moderation, the resilience of the adtech ecosystem, and the crucial steps needed to combat these threats to online security.
Marko Elez's accidental leak of a private API key for xAI has raised significant cybersecurity concerns. With access to sensitive databases from multiple U.S. departments, this incident highlights the vulnerabilities in data management and the urgent need for enhanced security protocols. Explore the implications and recommended practices to safeguard sensitive information.