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Russian Yacht Valued at $300 Million Now Faces Forfeiture

Wealth

Jazper Lu, Bob Van Voris

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March 10, 2025

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Bloomberg

The US moved closer to auctioning off sanctioned Russian billionaire Suleiman Kerimov’s superyacht, one of the most glittering prizes in its asset seizure efforts, after a federal judge ruled that a second Russian who claims ownership has no legal standing in the case.

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