Philippines-Based Funnull Tech Turns Romance Scams into Crypto Catastrophe: U.S. Treasury Cracks Down
Funnull Technology Inc., a Philippines-based company, is now in the spotlight for aiding romance baiting scams that led to massive cryptocurrency losses. The U.S. Treasury has sanctioned it for enabling scams causing Americans to lose billions annually. With a knack for infrastructure laundering, Funnull’s tech magic has allegedly conjured losses over $200 million.
Hot Take:
If you’re looking for love in all the wrong places, like a suspicious cryptocurrency investment website, you might just find yourself in the company of Funnull Technology Inc.—where your money disappears faster than your last Tinder date. Who knew romance scams had a headquarters?
Key Points:
- Funnull Technology Inc. sanctioned for enabling romance baiting scams.
- Over $200 million in losses reported by U.S. victims.
- Company involved in infrastructure laundering with major cloud providers.
- Uses Domain Generation Algorithms (DGAs) for scam websites.
- FBI links Funnull to 332,000 unique domains since January 2025.
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