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Midweek Roundup: US Treasury Expands Restrictions on Russian Banks, Russian Oligarch Charged with Sanctions Evasion, and More

U.S. officials blacklisted Sberbank and Alpha Bank, nearly 50 of their affiliates in Austria, Luxembourg, the Netherlands and other countries, and 24 relatives, associates and supporters of President Vladimir Putin. More Federal prosecutors in New York accused Russian national Konstantin Malofeyev of using an American employee and shell companies to funnel $10 million to a bank in Texas in violation of sanctions imposed against him in 2014 after Russia invaded Crimea. More Germany's central bank criticized financial institutions for implementing sanctions against Russia too aggressively, Handelsblatt reported. More German and U.S. officials took joint action to seize and blacklist Hydra,...

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