Tag: Liu Lizhi

The U.S. OFAC has sanctioned Funnull Technology Inc. and its Chinese administrator Liu Lizhi for supplying the digital backbone—IP addresses, domains, and malicious code—that enabled hundreds of thousands of virtual-currency “pig-butchering” scams and at least $200 million in reported U.S. victim losses. The move, coordinated with the FBI and building on prior FinCEN warnings.