Tag: Asset seizure

Russian President Putin
February 13, 2024 BY Simon Mugo

Russia Issues Warning to the West About Seizing Its State Assets

The situation arose after the United States, along with its allies, imposed restrictions on dealings with Russia’s central bank and finance ministry following President Vladimir Putin’s decision to deploy troops to Ukraine in 2022. These measures effectively immobilised approximately $300 billion of Russia’s sovereign assets in Western countries. On Monday, the European Union announced the…

Read more
May 16, 2013 BY Gerald Segal

US Department of Homeland Security seizes assets associated with Mt. Gox

 Assets in an unlicensed money transferring business associated with Mt. Gox seized. The US Department of Homeland Security (DHS) has frozen a mobile payments account associated with Bitcoin exchange Mt. Gox. This is part of an investigation announced on Tuesday. Dwolla is a mobile payment company based in Iowa. They have confirmed that they received a warrant…

Read more