US SANCTIONS FIRM LINKED TO CYBER SCAMS BEHIND $200 MILLION IN LOSSES

Summary from the TLDR InfoSec newsletter

The U.S. Treasury Department has sanctioned Funnull Technology, a Philippines-based company facilitating numerous malicious websites. These sites are connected to cyber scams that have resulted in over $200 million in losses for Americans. The sanctions aim to disrupt the operations of this company and its role in cybercrime.