COINOTAG News, citing Decrypt, reports that Florida prosecutors have seized roughly $1.5 million in cryptocurrency tied to an overseas suspect identified as Tu Weizhi. The seized wallet reportedly held AVAX, DOGE, PEPE, and SOL, underscoring a cross-border crypto-asset case.

The State Attorney’s Office Economic Crimes Unit obtained a court order to freeze the holdings connected to Tu Weizhi. He is charged with money laundering, grand theft, and organized fraud, with authorities signaling that re-entry to the United States would prompt arrest.

Investigators traced the operation to July 2024, after an Orange County resident reported a $47,421 loss to what appeared to be an online investment scheme; the funds were linked to a wallet controlled by Tu Weizhi.