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U.S. sanctions cloud provider 'Funnull' as top source of 'pig butchering' scams

created: May 30, 2025, 1:58 a.m. | updated: May 30, 2025, 5:55 p.m.

The agency said Funnull directly facilitated pig butchering and other schemes that resulted in more than $200 million in financial losses by Americans. Pig butchering is a rampant form of fraud wherein people are lured by flirtatious strangers online into investing in fraudulent cryptocurrency trading platforms. The FBI has released a technical writeup (PDF) of the infrastructure used to manage the malicious Funnull domains between October 2023 and April 2025. In May 2024, KrebsOnSecurity published a deep dive on Stark Industries Solutions that found much of the malicious traffic traversing Stark’s network (e.g. vulnerability scanning and password brute force attacks) was being bounced through U.S.-based cloud providers.

1 week, 3 days ago: Hacker News