Google's Russian corporation confiscated bank account and went bankrupt

Reuters , an international news agency, reported that Google's subsidiary in Russia will file for bankruptcy due to the seizure of a bank account by Russian authorities. This is the first time a major American IT company has been seized of an entire bank account.

Google's Russian subsidiary to file for bankruptcy after bank account seized | Reuters
https://www.reuters.com/markets/europe/googles-russian-subsidiary-files-bankruptcy-document-2022-05-18/

Google Russia forced to declare bankruptcy after bank account seizure | Ars Technica
https://arstechnica.com/gadgets/2022/05/googles-russia-subsidiary-is-filing-for-bankruptcy/

On May 18, 2022, a Google spokeswoman announced that 'Google's Russian subsidiary will file for bankruptcy after authorities have seized a bank account.' Payments to staff and related companies will not be possible, but free services such as Google search and YouTube viewing will continue to work in Russia.

Reuters has been pressured in Russia for several months by restricting access to some Russian media on YouTube and not removing content that the Kremlin considers illegal as a cause of foreclosure. I'm mentioning what I've been doing. On April 1, 2022, Google seized 1 billion rubles (about 1.5 billion yen) because a TV channel owned by a licensed Russian businessman could not regain access to YouTube. The Russian authorities repeatedly issued fines and warnings to Google, including reports of this.

Russia warns Google to fine up to 20% of annual revenue, saying 'I didn't remove illegal YouTube videos'-GIGAZINE

Also, on March 3, when the Russian government began to tighten censorship of ads related to war, Google's main source of revenue, the advertising platform, was closed, and then all major credit card companies withdrew from Russia. It was announced on March 10 that Google Play's billing system in Russia had stopped.

Google suspends 'YouTube and Play Store billing' in Russia, but not sanctions-GIGAZINE

Google hasn't explicitly stated whether the cause of filing for bankruptcy is due to foreclosure of funds or other foreclosures or restrictions. In addition, Russia accounted for 1% of the total revenue of Alphabet, which operates Google, in 2021.