finding that the $3 billion claim against the former owners of the bank can be heard in a London court. In April 2019, a Ukrainian court ruled that the nationalization of PrivatBank was illegal. Ukraine's central bank said it would not be possible to reverse the nationalisation and that it would appeal the decision. Kolomoyskyi stated that he has no interest in taking back control of the bank but sought $2bn in compensation for losses he insists were incurred during the nationalisation. On February 14, 2017, PrivatBank was liquidated. In July 2022, the Supreme Court of Ukraine reaffirmed the decision of the National Bank of Ukraine to nationalise PrivatBank and ruled the decision valid and legal. US investigations and blacklisting In April 2019 it was reported the FBI was investigating Kolomoyskyi over financial crimes involving Gennadiy Bogolyubov, the Krivyi Rih businessman Vadim Shulman and Mordechai "Motti" Korf of Florida in relation to Kolomoyskyi steel holdings in West Virginia and northern Ohio in the United States and his mining interests in Ghana and Australia. Legal filings from American prosecutors in 2019 detailed how Kolomoyskyi used his control of Ukraine's largest retail bank, PrivatBank, to loot staggering sums from Ukrainian depositors, and via a series of shell companies and offshore accounts whisked the money out of the country and into the U.S. In August 2020, the United States Department of Justice (DOJ) in the Southern District of Florida (Miami) alleged that Kolomoyskyi, Bogolyubov, Mordechai Korf, and Uriel Lader collectively obtained numerous properties as part of a $5.5 billion Ponzi scheme as "an international conspiracy to launder money embezzled and fraudulently obtained from PrivatBank," which was nationalized in 2016 to prevent a collapse of Ukraine's equivalent to the United States' FDIC, and using PrivatBank's "Cyprus branch... as a washing machine for the stolen loan funds." In April 2021 Kolomoyskyi and his wife and children were banned from entering the US, The United States Department of State accused him of corruptly using his time as Governor of Dnipropetrovsk to personally enrich himself. He was "involved in corrupt acts that undermined rule of law and the Ukrainian public's faith in their government's democratic institutions and public processes, including using his political influence and official power for his personal benefit." In his statement Secretary of State Antony Blinken said:In January 2022, the DOJ announced that it had filed a civil forfeiture complaint against Kolomoyskyi in the