Trump's Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs

Beloit Daily News (via AP) ^ | Feb 6, 2025 | FATIMA HUSSEIN and ERIC TUCKER

[Kazan]

WASHINGTON (AP) — 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.

The move to disband Task Force KleptoCapture is one of several moves undertaken by the Justice Department under the new leadership of Attorney General Pam Bondi that presage a different approach toward Russia and national security issues.

The department also ended the Foreign Influence Task Force, which was established in the first Trump administration to police influence campaigns staged by Russia and other nations aimed at sowing discord, undermining democracy and spreading disinformation. The U.S. government in the run-up to the 2024 presidential election aggressively moved to disrupt propaganda campaigns by Russia, which officials have assessed had a preference for Trump.

In a memo addressed to all employees Wednesday — the first day of Bondi's tenure — the attorney general's office stated that “attorneys assigned to those initiatives shall return to their prior posts, and resources currently devoted to those efforts shall be committed to the total elimination of Cartels and TCOs” — an acronym for Transnational Criminal Organizations.

The Trump administration has made combating the illicit flow of fentanyl into the U.S. a priority. The opioid is blamed for some 70,000 overdose deaths annually.

[V_TWIN]

“Biden-era program aimed at seizing the assets of Russian oligarchs”

Good grief.....did that criminal shake down EVERYONE?

And where did those assets end up I wonder......in hunters nose perhaps?

[McGruff]

The Trump administration has made combating the illicit flow of fentanyl into the U.S. from the real threat to us, China a priority.

[pburiak]

Here we go again, more Russia Russia Russia media nonsense.

[monkeyshine]

Now start enforcing the 4th Amendment for Americans.

[joesbucks]

As part of the dismantling The department also ended the Foreign Influence Task Force, which was established in the first Trump administration.

[Kazan]

So what?

Trump had no idea how DC worked when he was first elected and wasn't given the ability to even hire who he wanted for cabinet positions.

He understands things very well now is cleaning up the corruption.

[RitaOK]

Thanks be to God for draining the swamp, against Biden’s Harvard run thieves and liars.

They US State Department (Victoria Nuland) forced the UKR regime change, so the Administration could keep Hunter and his nose in a “job” on a board, and run a genocide operation against the young men of Ukraine, and send civilians running out of their country.

All to agitate Russia until Putin entertained no relief and finally enforced Russia’s RED LINE and personally kicked NATO out, destroyed the AZOV Battalions harassing the Donbass Luhansk regions and offered a deal within 90 days to the installed comedian, Zelinsky.

Good on Pam Bondy.

[KobraKai]

International Theft carried out by the United States of America! This country was a total embarrassment and criminal enterprise, there’s no other way to describe it. A true gangster state.

[ANKE69]

Great post.
I agree 100% 👍👍

[delta7]

Trump needs to return the Russian assets that were stolen by the US and EU. No one can now trust the US. Many countries have stated this exactly.

He had better hurry, trust in the US is evaporating.

[TexasGator]

Russian economy is hurting?

[RitaOK]

Glad to hear that, *ANKE! Thanks.

Agreeing also, with Delta69,.. with spades showing!

It was tiresome to cross those frequent threads around here, teaching “hate-Russia”. A MIL warhawk, I presumed.

PS:
Yesterday was the very first day I ever heard one sorta mainstream pundit repeat one line from Putin’s speech before entering UKR, referencing Putin’s Red Line, and why it was Red.

Jack Posobeic!!

That Polish Catholic would have every right to have generational fears and dread of anything & anyone coming from the East of his family Homeland, but Poso gave a fair accounting and was spot on.

This win over the war hawks pleases me and now I think it will cascade into the West among the peoples.

Trump is not talking, but he is acting. 🤞

[WASCWatch]

Russian oligarchs aren’t fans of Putin, so this is a good move.

[joesbucks]

Keeping the wheels lubed for deals.

[TexasGator]

How is the weather in Canada?

[TexasGator]

From MONEYTALKS https://mikesmoneytalks.ca/martin-armstrong-on-saturday/

As a result of the foregoing, the Commission alleges that Martin A. Armstrong, Princeton Economics International, Ltd. and Princeton Global Management, Ltd. committed securities fraud in violation of Section 17(a) of the Securities Act of 1933, 15 U.S.C. § 77q(a), Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) and Rule 10b-5, 17 C.F.R. § 240.10b-5. In addition to the interim relief sought in the application filed today, the Commission seeks a Final Judgment against Martin A. Armstrong, Princeton Economics International, Ltd. and Princeton Global Management, Ltd.: (i) enjoining them from future violations of the above-cited provisions; (ii) requiring the disgorgement of all of their ill-gotten gains, plus pre-judgment interest; and (iv) assessing civil penalties against them.

A related civil action was filed today in the United States District Court for the Southern District of New York against Martin A. Armstrong, Princeton Economics International, Ltd. and Princeton Global Management, Ltd. by the Commodity Futures Trading Commission, alleging violations of the Commodity Exchange Act.

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-16279