Home
News
Details

Florida Seizes $1.5M in Dogecoin, Pepe, and Solana Linked to Chinese National

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
DOGE
$0.13206-0.28%
This is the logo of the coin.
SOL
$125.80-0.57%
This is the logo of the coin.
PEPE
$0.00000408-1.3%
Florida prosecutors seized $1.5M in Dogecoin, Pepe, and Solana tied to a Chinese national in a money laundering and investment fraud case. The assets were linked to Tu Weizhi, who faces charges including grand theft and organized fraud. A Citrus County resident initially lost $47,421 to the scam. Authorities are seeking to arrest Tu if he enters the U.S. The seizure used Florida’s Forfeiture by Wrongdoing framework. TRM Labs’ Angela Ang noted blockchain transparency is making Anti-Money Laundering efforts in crypto markets more effective.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.