Some worry this might set a precedent.

I hope it does.

Every regime that invades another country, committing countless mass atrocities, should have their foreign assets taken & handed to their victims.

This might get all would-be invaders to think twice.
https://www.euractiv.com/news/eu-greenlights-indefinite-immobilisation-of-russian-assets/

Yes, there are concerns about rule of law, but those are on both sides of the issue. Should the law protect the assets of a few rich and powerful mass murderers, or should the law protect the rights and lives of their millions of innocent victims who are being bombed, tortured, raped, and immiserated?
EU leaders urged to use frozen Russian assets to fund Ukraine’s defence

Pressure is growing on member states to back a €90bn loan for Kyiv ahead of a Brussels summit

The Guardian

@andrewstroehlein I see zero concerns about rule of law here. Zero.

The UN charter and the General Assembly resolutions are rule of law. The ICC verdicts are rule of law. The Geneva Conventions - all of them - are rule of law. The Universal Declaration of Human Rights is rule of law.

The Putin regime murdered (!) every point from the above list and state-sponsored the terrorist attacks throughout the EU. Their whole "WAAAH, taking our money is against the law!" talking point is ludicrous.

@DemFighter @andrewstroehlein - issue here is that the US has also ignored the rule of law by these agencies (and/or directly penalized them for potential findings against the US) for years, so it’s very hard for them to be seen as an arbiter of all that’s right.
They’d also be seen as more effective if not a puppet regime of Putin’s.
@andrewstroehlein
It's a very good idea.

@SnowyCA @andrewstroehlein

Excellent - try it with the USA and see what happens - just retaliation.

@linuxgnome @andrewstroehlein
Are you saying Russia will simply accept the terms?
@andrewstroehlein let's see how this works out if the country formerly known as America is going to invade Venezuela
@andrewstroehlein I've always wondered if the international community stopping all trade with any country acting aggressively to their neighbors would stop or greatly reduce conflicts. It would certainly effect their economies and put pressure on the aggressive gov.
@GraeghosMIUS @andrewstroehlein I have the app. There is hardly any company not on the boycott list. Smaller companies and startups are OK but they get bought up by Nestle, Unilever, Pepsi...
@andrewstroehlein this is what the White House hates about Europe, and wants to destroy
@andrewstroehlein
i would like to add all individuals, companies, organisations & nation states complicit in harm to any living creature & our environment, without time restrictions so we can hold literally anyone to account for any type of harm at any point in time.
@andrewstroehlein think about all those US assets we´ll be giving to Venezuela soon
@andrewstroehlein
I do appreciate and second that!
@andrewstroehlein I’ve never understood why we tried to impose a price cap on Russian oil rather than requiring that all payments for Russian oil go into an escrow fund that will pay for Ukrainian reconstruction before any goes to Russia
@andrewstroehlein that's great. what about Israel and the US? or is the precedent selective instead of fair?