The Department of Justice said Thursday that it was part of a wider effort to freeze property owned by Russian tycoons with ties to Russian President Vladimir Putin.
The yacht Amadea was seized by law enforcement in Fiji and the FBI after a US district court found that it was subject to seizure because of Kerimov's illegal activities.
The U.S., U.K. and EU imposed sanctions on Kerimov because of Russia's invasion of Ukraine.
The ship could be seized by the U.S. on Tuesday if defense lawyers don't file an appeal by Friday.
Defense attorneys have argued that the real owner of the yacht is the former chief executive of Russia's oil and gas company, who is not facing any sanctions, the Associated Press reports.
The Task Force KleptoCapture was established by the Justice Department after Russia invaded Ukraine. During his State of the Union address, President Joe Biden said that the U.S. and its allies were coming for Russian billionaires.
resigned from their positions access to numerous yachts villas frozenThe deputy attorney general warned last month that the department had its eyes on every yacht purchased with dirty money.
$16.5 billion. The current net worth of Kerimov and his family is listed by Forbes.
The Dilbar was seized by German authorities in March. The yacht owned by Russian billionaire Alisher Usmanov was docked in Germany for repairs. The Dilbar is worth up to $735 million according to the Treasury Department.
A judge in the US can seize a superyacht linked to a Russian.
Forbes Tracked Down 50, Biden And Allies Are Coming For Russian Billionaires. Here is where you can find them.
There is a guide to all the mansions and estates owned by Russians.