Treasury freezes assets of one drug trade bad guy.
Published Date: 3/7/2025
Notice
Summary
On March 4, 2025, the U.S. Treasury’s OFAC added one person to its Specially Designated Nationals list for involvement in illegal drug activities. This means all their property under U.S. control is frozen, and Americans can’t do business with them. This move blocks their access to U.S. money and markets immediately.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
One Person Blocked from U.S. Markets
On March 4, 2025, the Treasury Department’s Office of Foreign Assets Control (OFAC) added one person to its Specially Designated Nationals (SDN) List under Executive Order 14059. All property and interests in property of that person subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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Key Dates
Department and Agencies
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