🇷🇺💰 Russia tried to create an offshore dollar reserve in Turkey, but the U.S. froze $2B. Since the invasion of Ukraine, Russia sent $5B to Turkey, officially for the Akkuyu NPP. But the U.S. suspects it was to bypass sanctions and blocked $2B in transactions.

https://www.wsj.com/politics/policy/moscow-has-2-billion-stuck-at-jpmorgan-the-u-s-isnt-sure-what-to-do-with-it-b0669584