More than $6 billion of the $300 billion in frozen Russian assets are sitting in U.S. banks.
  • PolandIsAStateOfMind@lemmy.ml
    6·
    7 months ago

    If Russian investors weren’t put off by having assets frozen when Russia invaded Ukraine in 2022

    They already were, why they would even put more money there when they are getting frozen, but as long as their funds are only frozen, they could still have hope that the entire issue gonna get resolved one day and they will get it back. If the money get confiscated, that’s entire another situation.

    Russia’s GDP is dwarfed by the West

    Muh GDP!