Notice of OFAC Sanctions Action
What happened
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced on June 12, 2026, that it placed "one or more persons" on its Specially Designated Nationals and Blocked Persons List (SDN List). This action, issued on June 10, 2026, means all property and interests in property subject to U.S. jurisdiction of these persons are blocked. U.S. persons are generally prohibited from engaging in transactions with them, a decision signed by Donald Trump.
Why it matters
This action restricts the financial activities of those added to the SDN List, making it illegal for U.S. individuals and entities to conduct business with them. It aims to isolate these individuals from the U.S. financial system, limiting their ability to use or move their assets under U.S. jurisdiction.
Who it affects
- ›One or more persons on OFAC's SDN List.
- ›U.S. persons dealing with those on the SDN List.
- ›Property and interests subject to U.S. jurisdiction.
The receipts are official. The summary is ours.
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