🔥 U.S. Treasury exposes fake crypto empire from the Philippines: Over $200M Stolen from Investors! 💸
A Philippine company called Funnull Technology got caught running a massive crypto scam operation. They built hundreds of fake websites to lure people into investing in phony crypto projects. This is part of a scheme known as “pig butchering” — where scammers slowly build trust with victims before vanishing with their money.
📉 Total damage? Over $200 million! Each victim lost an average of more than $150,000. 😱
Funnull provided the scammers with IP addresses, domain names, and even website designs. Some of the sites redirected users to phishing platforms and online casinos, possibly linked to Chinese criminal groups.
🛑 The U.S. Treasury has already imposed sanctions and is cracking down hard on crypto-related fraud.
Stay alert — if something sounds too good to be true, it probably is. 💥
