Enlarge / Google doodle for National Day of Russia 2016.

Google will… go bankrupt? ! This is apparently the case in Russia. As Reuters reports, Google’s Russian subsidiary is considering filing for bankruptcy after “authorities seized its bank account, making it impossible to continue operations.” Reuters has a statement from Google:

The seizure by Russian authorities of Google Russia’s bank account has made it impossible to operate our office in Russia, including employing and paying Russian-based employees, paying suppliers and vendors, and complying with other financial obligations. Google Russia has issued a notice of its intention to file for bankruptcy.

A regulatory filing showed that Google Russia had been expecting to file for bankruptcy since March 22. The division made $2 billion in revenue last year, but that doesn’t matter much when authorities take your entire bank account.

Unlike many tech companies that abandoned Russia following its invasion of Ukraine, Google has tried to continue doing business in the country. Heavyweights like Google Search, YouTube, Maps, Gmail and Google Play still work in Russia. Google’s most important product, the advertising platform, was shut down on March 3 in Russia after the Russian government began asking it to censor war ads. Over the next few days of March, the big four credit card companies all withdrew from Russia, making normal business transactions very difficult. Google cited this “payment system disruption” as the reason for shutting down paid apps from Google Play.

It is unclear what Google’s presence in Russia will be in the future. Google has been accused of having a warm relationship with Russia, and its behavior is aberrant compared to rivals like Microsoft and Apple, both of which voluntarily stopped paid services in the country before credit card companies withdraw. While Google enjoys a search market share of around 90% in many countries, Russia is one of the few places where it faces a viable search competitor; Google shares the search market nearly 50/50 with local tech company Yandex. This market share could explain why Google does not take a tough stance on Russia. If it gets stuck, even temporarily, there may not be a market to come back to.

However, the Russian government still wants to rely on Google for certain services. The government said on Tuesday it wants YouTube to continue operating in the country, saying a shutdown would hurt Russian citizens. Like the rest of the world, there are no video sites on the same scale as YouTube in Russia.