Ukraine might get first funds from confiscated Russian money

A US court ruled that prosecutors may confiscate $5.4 million belonging to sanctioned Russian businessman Konstantin Malofeyev. These funds could be used to rebuild war-ravaged Ukraine, Reuters reports. The ruling on 2 February marked the first forfeiture order for a Russian oligarch’s assets since the Department of Justice in 2022 launched a task force aimed … Continue reading Ukraine might get first funds from confiscated Russian money