In January, I wrote about a vast China-based cloud CDN called Funnull that catered to cybercriminals in China and Russia seeking to route their traffic through US-based Cloud providers, particularly Microsoft and Amazon.

https://krebsonsecurity.com/2025/01/infrastructure-laundering-blending-in-with-the-cloud/

I did not expect this, or so quickly, but it looks like Treasury just sanctioned Funnulll, calling it a major scam distributor.

https://home.treasury.gov/news/press-releases/sb0149

January's story was based on research by Silent Push, which found a large number of domains hosted via Funnull promoting gambling sites that bear the logo of the Suncity Group, a Chinese entity named in a 2024 UN report (PDF) for laundering millions of dollars for the North Korean Lazarus Group.

In 2023, Suncity’s CEO was sentenced to 18 years in prison on charges of fraud, illegal gambling, and “triad offenses,” i.e. working with Chinese transnational organized crime syndicates. Suncity is alleged to have built an underground banking system that laundered billions of dollars for criminals.

The perfect metaphor for the fediverse doesn't exis...

(From faculty slack)