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July 22nd, 2022
More than $400M in Russian assets frozen in VI- Premier Wheatley

DUFF’S BOTTOM, Tortola, VI- As part of sanctions following Russia’s invasion of Ukraine in February 2022, more than $400M in Russian assets have been frozen in the Virgin Islands (VI) and millions of dollars in assets have been frozen elsewhere due to information provided to other financial services jurisdictions by the VI.

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