The luxury vessel was the first public auction of an asset confiscated under Western sanctions A $75-million superyacht linked to sanctioned Russian steel billionaire Dmitry Pumpyansky was auctioned off on Tuesday in Gibraltar, according to media reports, citing court sources. The five-deck, 72-meter (236 feet) vessel Axioma reportedly attracted 63 bids and was sold for the benefit of US investment bank JPMorgan Chase, which claims that Pumpyansky owes it more than $20 million. The vessel has six luxurious guest cabins, a swimming pool, a 3D cinema room, as well as gym, jacuzzi and fully equipped spa. It was imp
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