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None of the companies are actually under any sanctions, but obviously having any licensing deals or IP transfers with companies located in Russia is legal hazar
by SXX 3y ago
None of the companies are actually under any sanctions, but obviously having any licensing deals or IP transfers with companies located in Russia is legal hazard.
- morkalork 3y agoWould be difficult to pay with SWIFT cut off?
- SXX 3y agoRussia is not cut off from SWIFT. There are multiple banks that doing USD / EUR payments in and out, but with minimal amount of 20,000 EUR and some 200-500 EUR fee. And you can also transfer bunch of other currencies much much cheaper. It's mostly question on whatever you have paperwork for bank outside of Russia to accept that payment. PS: Only normal people are affected by those restrictions. Companies and super-rich cronies can still move their money freely and pay for whatever military components they want from EU / US: https://theins.press/en/politics/266147 https://theins.press/en/politics/266147
- tokai 3y agoVK Group is definitely sanctioned in the USA & EU.
- SXX 3y agoNo they are not. Otherwise their apps wouldn't be on Google Play and App Store: https://play.google.com/store/apps/details?id=com.vkontakte.android https://play.google.com/store/apps/details?id=com.vkontakte.... https://apps.apple.com/us/app/vk-social-network-messenger/id564177498 https://apps.apple.com/us/app/vk-social-network-messenger/id...
- secalex 3y agoThe CEO is sanctioned, which makes dealing with the company complicated. https://sanctionssearch.ofac.treas.gov/Details.aspx?id=34596 https://sanctionssearch.ofac.treas.gov/Details.aspx?id=34596