Treasury's Hit List Grows: Bad Actors' Assets Frozen Now
Published Date: 4/2/2025
Notice
Summary
The U.S. Treasury’s OFAC just added new people to its blacklist, meaning their money and property in the U.S. are frozen. Americans can’t do business with these folks anymore. This move helps keep bad actors out of the U.S. financial system, effective immediately.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Designated persons' U.S. assets frozen
All property and interests in property in the United States belonging to the named persons are blocked by OFAC. Their money and property in the U.S. are frozen, and this blocking is effective immediately.
U.S. persons barred from dealing
If you are a U.S. person, you are generally prohibited from doing business or engaging in transactions with the people added to OFAC's blacklist. This prohibition is in effect immediately.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-11896 — Notice of OFAC Sanctions Action
On June 10, 2026, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) blocked the property of certain people by adding them to a special sanctions list. This means U.S. folks can’t do business with these individuals, and any money or property they have under U.S. control is frozen. These actions help keep bad actors from using the U.S. financial system.
2026-11761 — Publication of the List of Medical Devices Requiring Specific Authorization for the North Korea Sanctions Regulations
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2026-11616 — Publication of Venezuela Sanctions Regulations Web General Licenses 48A and 49A
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2026-11601 — Publication of International Criminal Court-Related Sanctions Regulations Web General License 11
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