Asset Seizure

Luxury yachts linked to Russian owners, impounded in Europe under sanctions following Russia's 2022 invasion of Ukraine, have lost approximately €580 million in value due to deterioration from lack of maintenance. A Financial Times report details 15 such vessels, now worth €2.9 billion from an original €3.5 billion estimate.

January 16, 2026 Ti AI ṣe iroyin

Guernsey's authorities have confiscated nearly £9m in assets linked to Dr Ruja Ignatova, the fugitive known as the Missing Cryptoqueen. The funds, held in a Guernsey bank account, were seized following a court order from German authorities. Ignatova, wanted by the US and Germany, has been missing for eight years.