The Office of Foreign Assets Control (OFAC), part of the U.S. Treasury Department, has announced that certain individuals have been added to their Specially Designated Nationals and Blocked Persons List. This determination was made because the individuals met specific legal criteria. As a result, these individuals' assets and property within the U.S. are blocked, and U.S. citizens are generally prohibited from engaging in transactions with them. For more information, OFAC's website offers additional resources on these sanctions.
Simple Explanation
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has put some people on a special list because they broke certain rules. This means their money and stuff in the U.S. are frozen, and people in the U.S. can't do business with them.