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Trump’s Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs

The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.
Attorney General Pam Bondi stated that resources will now focus on the total elimination of cartels and transnational criminal organizations.
The Justice Department shifted its enforcement of the Foreign Agents Registration Act to focus on traditional espionage rather than registration violations.
Despite the disbanding, officials like Treasury Secretary Scott Bessent have called for stronger sanctions on Russian oil, stating the Biden administration's approach was not 'muscular' enough.

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CLG News

Trump suspends ‘Russian oligarch’ hunt – CLG News

Trump suspends ‘Russian oligarch’ hunt –New U.S. Attorney General Pam Bondi has disbanded a task force targeting Russian elites and redirected its resources to fight drug cartels | 7 Feb 2025 | The U.S. Justice Department under Attorney General Pam Bondi has disbanded Task Force KleptoCapture, a unit created in 2022 to enforce sanctions against Russian oligarchs, The Guardian reported on Thursday citing an internal memo. Task Force KleptoCapture…

14 days ago

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Zero Hedge

DOJ Issues Directive Ending Biden-Era Task Force Aimed At Seizing Assets Of Russian Oligarchs - Nemos News Network

Authored by Jack Phillips via The Epoch Times, The Department of Justice (DOJ) disbanded a program started under the Biden administration that sought to seize Russian oligarchs’ assets after the war in Ukraine started. In a memo released this week to DOJ employees on Wednesday, new Attorney General Pam Bondi’s office said that the effort, […]

15 days ago·United States

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The Epoch Times

DOJ Issues Directive Ending Biden-Era Task Force Aimed at Seizing Assets of Russian Oligarchs

The Department of Justice (DOJ) disbanded a program started under the Biden administration that sought to seize Russian oligarchs’ assets after the war in Ukraine started. In a memo released this week to DOJ employees on Wednesday, new Attorney General Pam Bondi’s office said that the effort, called the Task Force KleptoCapture, will end in order to shift DOJ focus on targeting criminal gangs and drug cartels. That memo said that “attorneys assi…

15 days ago·New York, United States

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Kyiv Post

White House Shuts Down Task Force Targeting Russian Oligarchs

Formed in March 2022, KleptoCapture was tasked with enforcing sanctions and export restrictions against Russia, particularly targeting “corrupt Russian oligarchs.”

15 days ago·Kyiv, Ukraine

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Fortune

Trump’s DOJ dumps Biden-era task force dedicated to seizing assets of Russian oligarchs

The department also ended the Foreign Influence Task Force, which was established in the first Trump administration to police influence campaigns staged by Russia.

15 days ago·New York, United States

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The Moscow Times

U.S. Disbands Task Forces on Russian Sanctions, Foreign Influence

Task Force KleptoCapture was responsible for seizing assets of Kremlin-linked oligarchs and prosecuting individuals accused of helping them evade sanctions.

15 days ago·Amsterdam, Netherlands

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