Russia To Seize $440 Million From JPMorgan. [Absolute Must See]

Tyler Durden . . . . . . . . .

Seizing assets? Two can play at that game...

Just days after Washington voted to authorize the REPO Act - paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks - it appears Moscow has a plan of its own (let's call it the REVERSE REPO Act) as a Russian court has ordered the seizure of $440 million from JPMorgan.