Overview

• Bidding opened through September 10 with a minimum deposit of $10 million required by National Maritime Services
• Amadea was seized in Fiji in 2022 at the request of U.S. authorities and has been docked in San Diego since its transfer
• In March a federal judge rejected Edouard Khoudaïnatov’s claim, finding he was a straw-man for sanctioned oligarch Suleiman Kerimov
• Kerimov has been under U.S. and EU sanctions since 2018 over alleged money laundering tied to Russia’s invasion of Ukraine
• Congress’s 2024 legislation mandates that sale revenues from sanctioned Russian assets support Ukraine’s defense