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Moscow Court Rules Against Euroclear in $249B Dispute
Published 6 days, 2 hours ago
Description
A Moscow court ruled in favor of the Russian Central Bank, ordering Euroclear to pay $249.7 billion in a legal battle over frozen assets due to sanctions. Euroclear plans to appeal, and the EU has shifted funds to support Ukraine without touching the frozen assets. The legal fight continues, with billions at stake and the final control of assets uncertain.
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