News
US is auctioning a seized $325M Russian yacht with 8 state rooms, a helipad, a gym and a spa

**U.S. Auctions Lavish $325M Russian Yacht Seized Amid Ukraine War**
What’s Happening?
The U.S. is auctioning the **$325 million Russian yacht Amadea**, a symbol of wealth and excess, in a historic first sale of a Russian luxury vessel since the Ukraine invasion. The opulent superyacht will be sold to the highest bidder by September 10, attracting global attention.
Where Is It Happening?
The Amadea is docked in **San Diego, California**, where it has been seized since 2020. The auction will take place online, drawing bidders from around the world.
When Did It Take Place?
The seizures were enacted in **2020**, but the auction marks the first major sale since Russia’s invasion of Ukraine began in **February 2022**.
How Is It Unfolding?
– The U.S. Department of Justice is overseeing the auction, with a minimum bid set at $125 million.
– Funds from the sale will go toward compensating victims of alleged Russian corruption.
– The yacht is loaded with luxuries including **eight state rooms, a helipad, a gym, and a spa**.
– The auction follows a U.S. judicial ruling that the vessel was tied to Russian oligarchs.
Quick Breakdown
– **Value:** $325 million (minimum bid: $125M)
– **Location:** San Diego, California
– **Auction Date:** Closing on **September 10**
– **Fund Use:** Compensation for victims of alleged corruption
Key Takeaways
This auction represents a bold move by the U.S. to reclaim assets tied to alleged corruption, using the proceeds to support justice for victims. The sale of the Amadea underscores the global impact of sanctions and the U.S. crackdown on Russian elites. It also highlights how high-stakes asset seizures can reshape geopolitical power struggles—balancing punishment with financial recovery.
“The Amadea auction isn’t just about a yacht—it’s a statement on justice in the age of global corruption.”
– Marina Petrov, Anti-Corruption Economist
Final Thought
The sale of the Amadea yacht marks a pivotal moment in the U.S. fight against corruption, turning illicit wealth into restitution. As the auction closes, the world watches to see whether the proceeds will truly deliver justice—or if this yacht remains just another floating symbol of untouchable wealth.
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