2026-17265NoticeWallet

Feds Freeze Drug Lords' Boats and Terror Pals' Assets

Published Date: 8/25/2026

Notice

Summary

On August 20, 2026, OFAC blocked the property of certain people and ships linked to illegal drug trade and terrorism. These folks and vessels are now on a special U.S. blacklist, meaning Americans can’t do business with them. This move helps keep bad actors from using U.S. money or resources.

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

Blocking Order: U.S. Persons Forbidden

On August 20, 2026, OFAC blocked all property and interests in property subject to U.S. jurisdiction of the listed persons and vessels and states that U.S. persons are generally prohibited from engaging in transactions with them.

Named Individuals and Entities Added to SDN List

OFAC designated 8 named individuals and 7 named entities (all linked to Ecuador) on August 20, 2026, by adding them to the Specially Designated Nationals and Blocked Persons (SDN) List under E.O. 14059 and E.O. 13224; their U.S.-subject property is blocked.

Vessels Identified and Blocked as Property

OFAC identified 10 named fishing vessels as property in which blocked persons have an interest (listed on August 20, 2026); those vessels are treated as blocked property under the sanctions listings.

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Key Dates

Effective Date
Published Date
8/20/2026
8/25/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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