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Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute Bitcoin.com 19 May 2024

Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute

A St Petersburg court has seized assets worth $763 million from Unicredit, Deutsche Bank, and Commerzbank amid a dispute with a Gazprom subsidiary, marking one of the largest seizures since Moscow's invasion of Ukraine.