DOJ's Andrew Adams on Seizing Russian Superyachts

The video discusses the progress of a program launched in 2022 to keep sanctioned individuals out of U.S. financial markets. It highlights the legal processes involved in seizing assets, the international cooperation required, and the challenges posed by loopholes and false identities. The video also covers the use of seized assets to benefit Ukraine and the impact on Russia's financial and military capabilities.

What has been a significant achievement in the past year regarding sanctioned individuals?

• Establishing new financial markets

• Seizing mega yachts and luxury properties

• Reducing taxes for oligarchs

• Increasing trade with Russia

What is required before the U.S. can sell seized assets?

• A vote in Congress

• A public auction

• A demonstration of a connection to criminal activity

• Approval from the President

How has international cooperation contributed to the U.S. efforts against sanctioned individuals?

• By providing military support

• By reducing tariffs

• Through cultural exchanges

• Through arrests and sharing of information

What is a common method used by Russian oligarchs to evade sanctions?

• Using transparent business practices

• Donating to charities

• Creating false identities and shell companies

• Investing in U.S. stocks

What impact does seizing assets have on the Kremlin?

• It strengthens their financial position

• It cuts financial resources and increases costs

• It has no impact

• It improves their international relations