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Russian Court Orders Seizure of JPMorgan Funds worth š²440m
Plus: āRipple Disputes SECās Penalty of US$ 2b
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Russian Court Orders Seizure of JPMorgan Funds worth š²440m
In a claim by a Russian state-run lender bank VTB Bank, a Russian court ordered the seizure of $439.5 million held at JPMorgan Bank.
VTB states that JPMorgan froze the funds after the Ukraine and Russia war.