For the first time since Russia’s February 2022 invasion of Ukraine, the United States has lifted sanctions imposed against a Russian individual. The Treasury Department announced on May 19 that it had removed tycoon Anatoly Karachinsky, co-founder of the IBS technology group, from its sanctions list. No explanation was given. Karachinsky was sanctioned in April 2022 as a member of the oversight board of Otkrytie Bank. To read the original story by RFE/RL’s Ukrainian Service, click here.
U.S. Lifts Sanctions Against Russian Tech Tycoon
Editors' Picks
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.