US government sanctions massive proxy botnet operation that offered free VPN services

News Snapshot:

The United States Department of Treasury has sanctioned three Chinese nationals and three of their companies for running a major proxy botnet operation that infected consumer devices with malware and facilitating cybercrime at global scale. According to the Office of Foreign Assets Control (OFAC), the three individuals are Yunhe Wang, Jingping Liu, and Yanni Zheng, while the companies are called Spicy Code Company Limited, Tulip Biz Pattaya Group Company Limited, and Lily Suites Company Limited, all owned by Yunhe Wang and registered in Thailand. The three set up and operated 911 S5, a massive botnet controlling a residential proxy service...