The U.S. Treasury Department has sanctioned Funnull Technology, a Philippines-based company that has facilitated hundreds of thousands of cyber scam websites linked to over $200 million in losses for Americans. Funnull sold IP addresses to cybercriminals for virtual currency investment scams, and the Treasury also sanctioned Liu Lizhi, the company's administrator. As a result of these sanctions, U.S. transactions with Funnull and Lizhi are prohibited, and their assets will be frozen.

Southeast Asia has emerged as a significant hub for various online scams, prompting international scrutiny and sanctions against the region. The article discusses how these illicit activities are facilitated by sophisticated networks, and highlights the need for stronger regulatory measures to combat the growing threat.

The U.S. Treasury Department has sanctioned Russia's Aeza group for providing bulletproof hosting services to cybercriminals, contributing to various cybercrimes. These sanctions aim to disrupt the group's operations and reduce the infrastructure used to facilitate illegal activities online. The move highlights ongoing efforts to combat cybercrime and hold accountable those who support it.