{"id":29620,"date":"2025-05-31T19:46:44","date_gmt":"2025-05-31T19:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29620"},"modified":"2025-05-31T19:46:44","modified_gmt":"2025-05-31T19:46:44","slug":"200m-crypto-scam-ofac-sanctions-funnull-as-experts-find-ties-to-huione-pay-triad-nexus","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29620","title":{"rendered":"$200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus"},"content":{"rendered":"
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The US Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi.<\/p>\n

The company has been implicated in running a \u201cpig butchering\u201d scam.<\/p>\n

$200M Scam Uncovered<\/h2>\n

According to the official press release, Funnull has stolen over $200 million from American investors. OFAC has also placed two of Funnull\u2019s cryptocurrency addresses on its Specially Designated Nationals (SDN) List to restrict their access to financial systems.<\/p>\n

In response, the FBI\u2019s Internet Crime Complaint Center (IC3) issued a public advisory, outlining key technical indicators, such as infrastructure components and IP addresses tied to Funnull\u2019s scam operations.<\/p>\n

Deputy Secretary of the Treasury Michael Faulkender, in an official statement<\/a>, said<\/p>\n

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\u201cToday\u2019s action underscores our focus on disrupting the criminal enterprises, like Funnull, that enable these cyber scams and deprive Americans of their hard-earned savings. The United States is strongly committed to ensuring the continued growth of a legitimate, safe, and secure digital asset ecosystem, including the use of virtual currencies and similar technologies.\u201d<\/p>\n<\/blockquote>\n

Connection to Triad Nexus and Huione Pay<\/h2>\n

According to the findings<\/a> by blockchain intelligence Chainalysis, Funnull Technology Inc. enabled cybercriminals by purchasing IP addresses in bulk from major cloud service providers and selling them to operators of fraudulent investment platforms. This infrastructure allowed scammers to host malicious websites that mimicked legitimate investment platforms, thereby deceiving victims into investing in non-existent opportunities.<\/p>\n

Funnull was a central player in a network dubbed by security researchers as \u201cTriad Nexus,\u201d which includes more than 200,000 unique hostnames, many of which are associated with investment scams, fake trading apps, and suspect gambling networks. OFAC identified two crypto addresses linked to Funnull Technology Inc., used for receiving cybercriminal payments.<\/p>\n

These addresses are tied to scam-related infrastructure and show connections to Huione<\/a> Pay, which was recently flagged by FinCEN as a major money laundering concern.<\/p>\n

Further investigation by blockchain security firm Elliptic revealed<\/a> that the two addresses in question received more than $4 million in total.<\/p>\n

The post $200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The US Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi. The company has been implicated in running a \u201cpig butchering\u201d scam. $200M Scam Uncovered According to the official press release, Funnull has stolen over $200 million from […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29620","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29620"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29620\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}