Justice Department and Russian Billionaire Battle Over Seized Superyacht

The Justice Department last year seized a superyacht as part of a crackdown on Russia’s business elite. Now a tug of war has erupted over who owns it.

On Monday, as a Russian oil tycoon sued the U.S. government to get the 348-foot Amadea back, prosecutors said it isn’t his and sought to have it forfeited, saying it really belongs to another billionaire close to Russian President Vladimir Putin.