Biden announces over 500 sanctions on Russia following death of Alexei Navalny

President Joe Biden on Friday announced over 500 new sanctions on Russia following the death of opposition leader Alexei Navalny. 

According to the White House, the sanctions will be placed on those involved with Navalny's imprisonment, Russia's financial sector and defense industrial base.

Russia authorities said Feb. 16 the 47-year-old Navalny, a political opponent and outspoken critic of Russia President Vladimir Putin, had died in an Arctic prison where he'd been sent much earlier. 

“They will ensure Putin pays an even steeper price for his aggression abroad and repression at home," Biden said.

The White House on Thursday vowed "major sanctions" on Russia, stating that Putin was responsible for Navalney's death.

The Kremlin has denied involvement in Navalny's death. 

Navalny was serving a 19-year sentence on extremism charges.

In December he was moved from his former prison to the “special regime” penal colony – the highest security level of prisons in Russia – located above the Arctic Circle.