US government sanctions tech company involved in cyber scams

US government sanctions tech company involved in cyber scams

The U.S. government imposed sanctions on Funnull, a company accused of providing infrastructure for cybercriminals running “pig butchering” crypto scams that have led to $200 million in losses for American victims.  On Thursday, the Treasury’s Office of Foreign Assets Control announced the sanctions, saying Funnull is “linked to the majority of virtual currency investment scam…

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GameStop bought 0 million of Bitcoin

GameStop bought $500 million of Bitcoin

GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly…

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