🇺🇸 🏳️🌈 🇷🇺 - West blocked sovereign Russian assets worth $280 bln — US Treasury Department
The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the overall value of sovereign Russian assets, blocked by the West, at $280 bln.
"The total value of assets <…> is estimated at around $280 billion, the majority of which is held in the European Union," the US Department of the Treasury said in a statement.
