[Approximately $1.5 Million in Fraud-Related Cryptocurrency Seized in Florida, Linked to Chinese National] Florida prosecutors announced the seizure of approximately $1.5 million in fraud-related cryptocurrency, linked to a Chinese national named Tu Weizhi. In July 2024, a Citrus County resident reported losing $47,000 in an investment scam. Investigators traced the funds and found that the implicated wallet contained various cryptocurrencies, including AVAX, DOGE, PEPE, and SOL. Florida Attorney General James Uthmeier stated that authorities utilized the fugitive disentitlement framework to seize the assets. The suspect is currently in China and will be arrested if they attempt to enter the United States.
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