According to a report by The Philippine Star, the Anti-Money Laundering Council (AMLC) said that the appellate court has frozen 25 virtual asset wallets associated with a member of Congress and related individuals and entities, along with 86 bank accounts, 4 investment accounts, and 1 insurance policy. The assets in question are alleged to be connected to investigations into corruption and the misappropriation of public funds related to flood control projects. The AMLC said the funds involved were transferred through virtual asset service providers and multiple virtual asset wallets, and were circulated among multiple recipients and via different financial channels to make it harder to trace the money. The AMLC has not disclosed the identities of the congressman and the related entities; the freeze order is an asset preservation measure during the investigation stage and does not mean that the individuals involved have been convicted.