Treasury Freezes Assets of New 'Bad Actor' Duo Overnight
Published Date: 3/11/2025
Notice
Summary
The U.S. Treasury’s OFAC just added one person and one company to its blacklist, meaning all their U.S.-based assets are frozen and Americans can’t do business with them. This move took effect on March 5, 2025, and aims to block bad actors linked to harmful activities. If you’re dealing with U.S. money or trade, watch out—these sanctions mean no transactions allowed with these new targets.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
One Person and One Company Blocked by OFAC
On March 5, 2025, the Treasury Department’s Office of Foreign Assets Control (OFAC) added one individual and one entity to the Specially Designated Nationals and Blocked Persons List. All property and interests in property subject to U.S. jurisdiction of those designated parties are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-20215, Notice of OFAC Sanctions Action
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2026-20032, Notice of OFAC Sanctions Action
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2026-20009, Publication of Venezuela Sanctions Regulations Web General Licenses 46D, 47B, 48C, 50C, 51C, 52B, 54B, and 61A
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