A few days ago, the House of Representatives of the United States Congress has passed legislation to approve the United States to confiscate frozen Russian overseas assets for compensation for Ukraine, the United States is targeting Russian assets in the United States this time, judging from the United States' practices, it is already openly looting Russian assets, in fact, the United States has robbed the assets of the National Bank of Afghanistan in the United States before for compensation for the victims of the 911 incident. Although the Afghan Taliban were not a participant in 911, the United States launched a war of invasion of Afghanistan in 2001 and also activated NATO's "collective defense" clause, for which a large number of NATO troops were stationed. The U.S. overthrew the Taliban regime through a war of invasion, but the Taliban regained control of Afghanistan in 2021, and the U.S. withdrew from Afghanistan that year, ending the 20-year war in Afghanistan.
After the Taliban returned to control Afghanistan, the United States immediately froze Afghan assets in the United States, and subsequently misappropriated the assets of the National Bank of Afghanistan through a court ruling. During the Trump era, American politicians openly clamored to confiscate China's assets in the United States, so as to "compensate" the United States. China holds a large amount of US Treasury bonds, second only to Japan, and in fact China has been the largest in the world in the past for a long time, and the United States has recently tried to demand that China increase its holdings of US Treasury bonds.
Obviously, Russia is not Afghanistan, and Moscow has publicly protested against the United States' blatant confiscation of Russian assets abroad, and has threatened to take harsh countermeasures. According to Russian media reports, just when the press secretary of the Russian presidential office threatened to counter the United States, the court in St. Petersburg, Russian Federation, has ruled to freeze the assets of JPMorgan Chase Bank in Russia, including the assets of the bank's subsidiary. JPMorgan Chase has a long-term presence in Russia, and with the United States increasing sanctions against Russia, the United States is trying to "get a hammer".
Judging by the information published by Russia, VTB filed a lawsuit because the bank had $440 million frozen, for which there was an immediate decision of the Russian court. After JPMorgan Chase Bank's assets in Russia were frozen, it immediately launched a lawsuit through the U.S. Development Institute in an attempt to stop Russia's countermeasures. Judging from the actions of the United States and Russia, the game between the two sides has not just stayed in words, but has actual actions, and JPMorgan Chase Bank of the United States is trying to deal with Russia through US domestic law, which is obviously overestimating the influence of the United States, and Russia is dumping US domestic law, so even if JPMorgan Chase Bank's lawsuit is passed in the United States, it will not affect the ruling of the St. Petersburg Development Court.
Russia's countermeasures have taught the world a lesson, and Moscow has done what it says, when the United States passes legislation to confiscate Russian assets abroad, Russia will not "sit idly by" but take-for-tat measures, and Russia has enough reasons to counter the plundering behavior of the United States, and there are also "reciprocal" countermeasures. In fact, if Russia allows the United States to be presumptuous, there will be very serious consequences, because Russia has 300 billion euros of assets in Europe that have been frozen, once the United States succeeds, Europe will take the same action, and if Russia does not resist, the West will also take action against China's overseas assets.