Why Selling Off Russian Oligarchs’ Assets Will Take Years - The New York Times

It could take years for Russian assets seized by the United States to be permanently confiscated and sold to benefit the Ukrainian people. The Biden administration wants to speed up the process.

But even the civil forfeiture process requires the government to show evidence of criminal conduct. In approving the seizure of the Tango, Judge Faruqui said federal authorities had shown probable c… [+1538 chars]

full article...