A Philippine appellate court has issued a sweeping asset freeze covering 25 cryptocurrency wallets and 86 bank accounts as part of an investigation into alleged plunder tied to flood control infrastructure projects and a sitting lawmaker.

The Court of Appeals order, dated Sept. 21, also encompasses four investment accounts and one insurance policy, bringing the total to 116 financial accounts and assets placed under restraint. The Anti-Money Laundering Council disclosed the action in a public statement, saying the court found probable cause that the covered property was linked to alleged plunder under Republic Act No. 7080.

The AMLC described the assets as connected to a “prominent lawmaker,” a corporation, and several associated…