A superyacht reportedly worth $75-million and linked to Russian steel billionaire was auctioned on 23 August in Gibraltar. This sale is the first of its kind since Russia invaded Ukraine in February of this year. The yacht, Axioma, was impounded by authorities in March after JPMorgan said its alleged owner, Dmitry Pumpyansky, had reneged on the terms of a $20 million loan. He was sanctioned by Britain and the European Union shortly after Russia invaded Ukraine.