Funnull Sanctions: Pig Butchering Scam Link
- goverment has imposed sanctions on Funnull Technology Inc., a Philippines-based company, for providing infrastructure to websites involved in "pig butchering" scams.These virtual currency investment schemes have cost Americans...
- The Treasury Department's action targets Funnull and its administrator,Liu Lizhi,40,of China.
- Pig butchering scams lure victims into fraudulent cryptocurrency platforms through online relationships.
The U.S. Treasury Department has sanctioned Funnull technology Inc. for enabling “pig butchering” scams, a type of cryptocurrency fraud costing U.S. victims over $200 million.The Philippines-based company allegedly provided infrastructure for websites involved in these deceptive virtual currency investment schemes, luring individuals into fake platforms. funnull acted as a criminal content delivery network (CDN), routing traffic through U.S.-based cloud providers, as revealed by the FBI. Silent Push discovered Funnull’s activities in October 2024, linking the company to gambling sites. News Directory 3 brings you the latest on this story. Amazon is currently investigating its involvement.Discover what steps the authorities will take next.
US Sanctions Funnull Tech Over Pig Butchering Crypto Scams
Updated may 30, 2025
The U.S. goverment has imposed sanctions on Funnull Technology Inc., a Philippines-based company, for providing infrastructure to websites involved in “pig butchering” scams.These virtual currency investment schemes have cost Americans millions.
The Treasury Department’s action targets Funnull and its administrator,Liu Lizhi,40,of China. The department alleges Funnull directly facilitated schemes resulting in over $200 million in losses reported by U.S. victims.
Pig butchering scams lure victims into fraudulent cryptocurrency platforms through online relationships. investors are encouraged to invest increasing amounts, only to lose their funds when attempting to withdraw.
The FBI has linked Funnull’s operations to a majority of virtual currency investment scam websites reported to the agency. The company acted as a criminal content delivery network (CDN), routing traffic through U.S.-based cloud providers.
Silent Push, a security firm, initially discovered Funnull’s activities in October 2024. Their research revealed Funnull hosted domains promoting gambling sites linked to Suncity Group, previously implicated in laundering money for the North Korean Lazarus hacking group.
Zach Edwards of Silent Push noted that while Microsoft addressed the issue,Amazon continues to host Funnull servers,some dating back to 2023.
Amazon stated that its Amazon Web Services (AWS) platform actively counters abuse attempts. The company said it is investigating the shared facts and encourages reporting of suspected abusive activity.
“We have stopped hundreds of attempts this year related to this group and we are looking into the information you shared earlier today,” reads a statement shared by Amazon.
U.S.-based cloud providers remain attractive to cybercriminals because blocking traffic from these networks can inadvertently disrupt legitimate web destinations.Funneling traffic through U.S. providers also allows criminals to connect to victims from geographically closer web addresses, bypassing location-based security measures.
Funnull is not the only infrastructure provider facing sanctions. In May 2025, the European Union sanctioned Stark Industries Solutions, an ISP used to conceal cyberattacks and disinformation campaigns against Russia.
The EU also sanctioned Stark’s co-founders, Ivan and Yuri Neculiti, alleging they enabled Russian state-sponsored actors to conduct destabilizing activities.
What’s next
Authorities continue to crack down on infrastructure providers facilitating cybercrime, highlighting the ongoing battle against online fraud and disinformation.