The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has updated the Specially Designated Nationals and Blocked Persons List (SDN List). They have added Jesus Alfredo Beltran Guzman, also known as "Alfredito," "El Mochomito," or "Tito," because he is believed to be involved in the global illicit drug trade. As a result, any property and interests in property he has that fall under U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to engage in transactions with him. This action is based on the criteria set by Executive Order 14059.
Simple Explanation
The U.S. Treasury has put a person named Jesus Alfredo Beltran Guzman on a special list because they believe he is doing bad things with illegal drugs, so people in the U.S. aren't allowed to do business with him or use his stuff.