FBI: Infrastructure Used to Manage Domains Related to Cryptocurrency Investment Fraud Scams between October 2023 and April 2025


The Federal Bureau of Investigation (FBI) is releasing this FLASH to disseminate indicators of compromise (IOCs) associated with malicious cyber activities linked to Funnull Technology Inc. (Funnull).

Funnull is a Philippines-based company which provides computer infrastructure for thousands of websites associated with cryptocurrency investment fraud (CIF) scams, commonly referred to as “pig butchering,” and other illicit activities. During CIF scams, perpetrators pose as potential romantic partners or friends to gain victims’ trust, who are then convinced to invest in virtual currency. The perpetrators direct their victims to deposit money into what appear to be legitimate investment platforms, such as websites or applications. Ultimately, money sent to these platforms is not invested, and instead goes directly to the scammers. Funnull facilitates these scams by purchasing IP addresses and providing hosting services and other internet infrastructure to groups performing these frauds.

Read more…
Source: U.S. Federal Bureau of Investigation Cyber Division


Sign up for our Newsletter
The latest news and insights delivered right to your inbox.


Related:

  • NOBELIUM targeting delegated administrative privileges to facilitate broader attacks

    October 25, 2021

    The Microsoft Threat Intelligence Center (MSTIC) has detected nation-state activity associated with the threat actor tracked as NOBELIUM, attempting to gain access to downstream customers of multiple cloud service providers (CSP), managed service providers (MSP), and other IT services organizations (referred to as “service providers” for the rest of this blog) that have been granted ...

  • Ransomware: Industrial services top the hit list – but cyber criminals are diversifying

    October 25, 2021

    Businesses in industrial goods and services are still the most popular target for ransomware attacks, but cyber criminals are increasingly diversifying which organisations they’re extorting. Ransomware has become a major cybersecurity issue, as cyber criminals infiltrate networks and encrypt servers and files before demanding a ransom payment – often amounting to millions of dollars in cryptocurrencies ...

  • CISA: Critical RCE Vulnerability in Discourse

    October 24, 2021

    Discourse—an open source discussion platform—has released a security advisory to address a critical remote code execution (RCE) vulnerability (CVE-2021-41163) in Discourse versions 2.7.8 and earlier. CISA urges developers to update to patched versions 2.7.9 or later or apply the necessary workarounds. Read more… Source: U.S. Cybersecurity and Infrastructure Security Agency  

  • Hacker sells the data for millions of Moscow drivers for $800

    October 23, 2021

    Hackers are selling a stolen database containing 50 million records of Moscow driver data on an underground forum for only $800. According to Russian media outlets that purchased the database, the data appears to be valid and contains records collected between 2006 and 2019 Russian news publisher Kommersant called a small sample of the exposed individuals and ...

  • FIN7 Lures Unwitting Security Pros to Carry Out Ransomware Attacks

    October 22, 2021

    The financially motivated cybercrime gang behind the Carbanak backdoor malware, FIN7, has hit upon a genius idea for maximizing profit from ransomware: Hire real pen-testers to do some of their dirty work instead of striking partnerships with other criminals. According to a report from Gemini Advisory, the group has set up a fake security company (called ...

  • Recycled Cobalt Strike key pairs show many crooks are using same cloned installation

    October 22, 2021

    Around 1,500 Cobalt Strike beacons uploaded to VirusTotal were reusing the same RSA keys from a cracked version of the software, according to a security researcher who pored through the malware repository. The discovery could make blue teams’ lives easier by giving them a clue about whether or not Cobalt Strike traffic across their networks is ...