Attorney General Merrick Garland unveiled an indictment against Russian oligarch Konstantin Malofeev on Wednesday for sanctions violations and announced the seizure of "millions of dollars from a U.S. financial institution" as proceeds traceable to the violations.
Why it matters: The indictment is part of a series of actions the Justice Department has recently taken to disrupt Russian criminal activity and enforce U.S. sanctions on Russian oligarchs for supporting the Kremlin's invasion of Ukraine.
