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 disbanded a Biden-era initiative targeting Russian oligarchs as well as another designed to combat foreign influence. Task Force KleptoCapture was created in the wake of Russia’s invasion of Ukraine,

U.S. Attorney General Pam Bondi has disbanded the KleptoCapture task force, a Treasury Department initiative launched in 2022 to target business figures with ties to the Kremlin, The Guardian reported on Thursday,

U.S. Attorney General Pam Bondi has disbanded a task force established to target Russian oligarchs following the invasion of Ukraine, arguing that resources need to be shifted to focus on the administration's anti-cartel efforts.

The U.S. Justice Department under President Donald Trump is disbanding an effort started after Russia's 2022 invasion of Ukraine to enforce sanctions and target oligarchs close to the Kremlin.