The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced that certain individuals and companies have been added to its Specially Designated Nationals and Blocked Persons List (SDN List). This action is in line with Executive Order 14059, which targets individuals involved in the global illegal drug trade. Consequently, their assets in the United States are frozen, and U.S. citizens are prohibited from conducting business with them. This decision was made on December 17, 2024, and additional information is available on the OFAC website.
Simple Explanation
The U.S. government has added certain people and companies who are involved in illegal drug activities to a special list that freezes their money and stops Americans from doing business with them. They did this to try to stop bad guys from making or selling drugs.