The fact that a London courthouse has become one of the key battlefields of the war underscores that there’s far more at stake in the Russia-Ukraine war than territory in eastern Ukraine—the fate of the international financial system, at least in its current shape, also hangs in the balance. The only thing that is certain is that, as a result of the war in Ukraine and the ongoing court case it has produced in London, the global financial system will never be the same.