The Russian subsidiary of the internet giant plans to file for bankruptcy after authorities seized its bank account.
The seizure of the bank account made it impossible for the company to meet its financial obligations, so it filed for Chapter 11.
Russia's Fedresurs financial registry website is where the intention to file for bankruptcy is already on.
A company spokesman said that the company will continue to offer free services.
The war narrative advanced by the Kremlin-controlled media within the country has been challenged by the internet. In March of this year, all advertising in Russia was suspended, state-run Russian media channels were banned worldwide, and Youtube refused to remove information about the war. The Russian communications regulator has threatened to punish the internet company multiple times for not removing certain content, and Russia banned the internet company's news service last month for publishing information about the war.
People in Russia rely on our services to access quality information, and we want to keep them that way.
The Russian government has two U.S.-based information enemies. The Russian government threatened to fine the online encyclopedia Wikipedia for refusing to remove information about the war, including information from the Ukrainian government. In an interview with state media, Putin told Russians not to trust the crowd-sourced online encyclopedia.
The pressure on new information is increased by Putin.
The Russian subsidiary of the internet giant filed for bankruptcy after the bank seized their account.