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Russian oligarch’s $325M seized superyacht heads to auction as Trump–Putin summit nears

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2 hours ago

A $325 million superyacht seized by the U.S. from a sanctioned Russian oligarch—part of Washington’s effort to punish Moscow’s elite over the invasion of Ukraine—is headed to auction, marking the first sale of its kind since the war began.The auction of Amadea, once owned by Russian oligarch Suleiman Kerimov, comes as President Donald Trump heads to Alaska this week to negotiate an end to the Kremlin's three-and-a-half-year war.The government argued in a legal filing last year for selling the yacht, citing monthly maintenance costs of approximately $600,000 plus a $143,750 insurance premium.Th...

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