Type:Notice
Citation:90 FR 9664
Reading Time:about a minute or two
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added two individuals and one entity to its Specially Designated Nationals and Blocked Persons List. This means their property and interests in property under U.S. jurisdiction are blocked, and U.S. individuals and companies are generally prohibited from doing business with them. This action, which was issued on February 11, 2025, is part of OFAC's ongoing sanctions efforts. More details can be found on OFAC's website.
Simple Explanation
The U.S. Treasury made a special list of people and a company that Americans can’t trade with because they did something wrong, but they didn’t say who they are or why in the document.