Treasury Freezes Assets of Shady Folks and Ships
Published Date: 7/28/2025
Notice
Summary
The U.S. Treasury’s OFAC just added some people and ships to its blacklist, meaning their money and property are frozen if they’re under U.S. control. They also updated details about a blocked ship. Americans can’t do business with these folks or vessels, so watch out for these new rules starting now!
Analyzed Economic Effects
4 provisions identified: 0 benefits, 4 costs, 0 mixed.
Money and Property Are Blocked
All property and interests in property of the listed persons and vessels that are subject to U.S. jurisdiction are blocked. That means their money and property are frozen if they are under U.S. control.
New People and Ships Added to SDN List
The Treasury's Office of Foreign Assets Control (OFAC) added one or more persons and vessels to the Specially Designated Nationals and Blocked Persons (SDN) List. Those additions identify the named people and ships as blocked property under U.S. law.
U.S. Persons Barred From Transactions
U.S. persons are generally prohibited from engaging in transactions with the newly listed persons and vessels on OFAC's SDN List. Americans and U.S.-based businesses must avoid dealings with those listed entities.
OFAC Revised Blocked Vessel Entry
OFAC revised the SDN List entry for a vessel already identified as blocked property. The updated entry changes the official listing details for that blocked vessel.
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Key Dates
Department and Agencies
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