Seizing assets? Two can play at that game…
Russia To Seize $440 Million From JPMorgan
Tyler Durden with Zerohedge reports:
Seizing assets? Two can play at that game…
Just days after Washington voted to authorize the REPO Act – paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks – it appears Moscow has a plan of its own (let’s call it the REVERSE REPO Act) as a Russian court has ordered the seizure of $440 million from JPMorgan.