2025-14768NoticeWallet

Treasury Blacklists More Bad Actors from U.S. Finance

Published Date: 8/5/2025

Notice

Summary

The U.S. Treasury’s OFAC just added some people to a special blacklist because they broke important rules. This means any money or property they have in the U.S. is frozen, and Americans can’t do business with them. If you’re involved, watch out—these changes take effect immediately and could impact your money or deals.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Assets in U.S. Are Frozen

OFAC added one or more people to the Specially Designated Nationals (SDN) List, and all property and interests in property of those persons that are subject to U.S. jurisdiction are blocked. That means any money or property they have in the U.S. is frozen and cannot be accessed by them.

U.S. Persons Barred From Transactions

U.S. persons are generally prohibited from engaging in transactions with the people added to the SDN List. If you are a U.S. person, you cannot generally do business or complete financial transactions with those listed individuals or entities.

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Key Dates

Published Date
8/5/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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