Skip to content
Maggie McGinnis /

Seizing Russia’s Reserves, Explained

How Western allies could seize Russian assets to fund Ukraine.
RussiaSiezeAssetsv1
Illustration by Noah Hickey/The Dispatch. (Photos via Getty Images)

With the Ukraine-Russia war in its fourth year, Ukraine’s allies in recent weeks have considered tapping one of the most enormous war chests in modern history: the roughly $300 billion in frozen Russian central bank assets held abroad. 

But would such a move be legally viable and politically feasible?

Maggie McGinnis is an intern at The Dispatch and a Robertson Scholar at Duke University and the University of North Carolina at Chapel Hill.

More We Think You’d Like

Loading