This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
The US Treasury’s OFAC has sanctioned Funnull Technology Inc. for orchestrating a $200M ‘pig butchering’ crypto scam. The firm’s ties to Triad Nexus and Huione Pay highlight a sprawling cybercriminal network.
- OFAC sanctioned Funnull Technology for stealing $200M via crypto investment scams and added its addresses to the SDN List.
- Funnull operated within Triad Nexus, a network tied to 200,000+ fraudulent hostnames, including fake trading apps and gambling platforms.
- Blockchain analysts linked Funnull’s crypto addresses to Huione Pay, a major money laundering concern flagged by FinCEN.
📎 Related coverage from: cryptopotato.com
Other Tags: Chainalysis, Elliptic, FBI, FinCEN, OFAC