The Office of Foreign Assets Control (OFAC), part of the U.S. Treasury Department, announced its decision to add certain individuals to its Specially Designated Nationals and Blocked Persons List. This means that these individuals' property and interests within the United States are blocked, and American citizens are generally not allowed to conduct transactions with them. This action is based on OFAC's conclusion that the affected individuals met specific legal criteria for sanctions. Additional details and resources can be found on the OFAC website.
Simple Explanation
The U.S. Treasury made a list of people that Americans are not allowed to do business with because the government thinks they've broken certain rules. This list helps keep everyone safe, but they didn't say who exactly is on it or why.