Posted 2/22/2024, 6:49:22 PM
U.S. Targets Russian Oligarchs with Arrests, Asset Seizures over Ukraine War
- U.S. announced legal actions against Russian oligarchs including arrests, seizure of properties, and charges related to yachts and money laundering
- Actions aimed to increase financial pressure on Putin over Ukraine invasion and Navalny's death
- Justice Department's KleptoCapture task force has filed 70 criminal charges and moved to seize $700M in assets
- U.S. has transferred about $6M in seized Russian assets to Ukraine, mainly for veterans' help
- Actions push to squeeze Kremlin revenues but questions remain on enforcement of oil price cap