"Russia Braces for Legal Battle Over U.S. Seizure of Assets"

The Russian Foreign Ministry has condemned the U.S. plan to confiscate up to $300 billion in frozen Russian assets to aid Ukraine's reconstruction as "21st century piracy," warning of harsh retaliation if implemented. Moscow accuses the U.S. of attempting to legitimize the theft of sovereign assets, while also alleging pressure on the European Union to adopt a similar plan. The U.S. and its allies have frozen around $300 billion of Russian assets in response to the conflict in Ukraine, prompting Russia to threaten reciprocal measures.