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Florida prosecutors seize $1.5 million worth of cryptos as part of a fraud investigation linked to a Chinese national

Florida's Attorney General James Uthmeier has announced the seizure of approximately $1.5 million in cryptocurrency assets linked to an investment scam in Citrus County. The seizure occurred under the Fugitive Disentitlement Act, which allows authorities to confiscate assets from individuals who are fugitives from justice.  The recovery comes as Florida lawmakers are proposing new regulations [...]

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