A $325m luxury boat is floating in a US cargo port after the FBI tracked it down in the Pacific.

Sanctions mean shipbuilders are left with unfinished superyachts, originally destined for the Russian elite that can no longer take ownership of them.TL;DRConstruction of some superyachts thought to be destined for Russians can no longer proceed due...

Those floating Xanadus cost millions of dollars a year to maintain. Some of that money is coming from US and European taxpayers.