Author: Corin Faife
Illustration by Alex Castro / The Verge
On Thursday, following Russia’s invasion of Ukraine, the Biden administration imposed sweeping sanctions on Russian banks, energy and infrastructure companies, and a number of individual Russian elites.
The US Department of the Treasury provided the full list in a press release, which divided sanctioned entities into two categories: “major Russian financial institutions” and “elites and families close to Putin.”
Among the sanctioned individuals is Vladimir Kiriyenko, CEO of VK Group, the parent company of Russia’s biggest social network VKontakte. While he isn’t being sanctioned specifically for his work with the VK group, the result still forbids one of the country’s most powerful tech executives from doing business with any US entity.
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Illustration by Alex Castro / The Verge
On Thursday, following Russia’s invasion of Ukraine, the Biden administration imposed sweeping sanctions on Russian banks, energy and infrastructure companies, and a number of individual Russian elites.
The US Department of the Treasury provided the full list in a press release, which divided sanctioned entities into two categories: “major Russian financial institutions” and “elites and families close to Putin.”
Among the sanctioned individuals is Vladimir Kiriyenko, CEO of VK Group, the parent company of Russia’s biggest social network VKontakte. While he isn’t being sanctioned specifically for his work with the VK group, the result still forbids one of the country’s most powerful tech executives from doing business with any US entity.
T...
Continue reading…
Continue reading...