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Biden Administration Adds More Russian Banks and Putin’s Daughters to Sanctions List

HeadlineApr 07, 2022

The Biden administration has announced new sanctions targeting Russia’s largest public and private banks, as well as two daughters of Russian President Vladimir Putin. The latest sanctions came as Attorney General Merrick Garland announced the Justice Department’s first indictment against a Russian oligarch. Garland says Konstantin Malofeyev violated sanctions and sought to set up a network of media companies to spread pro-Kremlin misinformation.

Attorney General Merrick Garland: “Our message to those who continue to enable the Russian regime through their criminal conduct is this: It does not matter how far you sail your yacht. It does not matter how well you conceal your assets. It does not matter how cleverly you write your malware or hide your online activity. The Justice Department will use every available tool to find you, disrupt your plots and hold you accountable.”

Attorney General Garland also said the Justice Department had disrupted a network of hijacked computers used by Russia to carry out cyberattacks.

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