Record asset seizure: Authorities confiscated $7.6 billion in holdings tied to Vadim Moshkovich, the largest nationalization in recent years.

Part of wider campaign: The Kremlin has transferred an estimated $89.7 billion in private assets to state control since the Ukraine war began.

Elite on alert: Billionaires are showing loyalty to avoid similar fates, with some making large voluntary contributions to the state budget.

  • Janx@piefed.social
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    4 hours ago

    Every single country should have seized all the money from Russian oligarchs and spent the money on enabling Ukraine to defend itself. Now, even Russia beat you to it, FFS…