Treasury Freezes Assets of Hizballah-Linked Terrorism Supporters
Published Date: 8/25/2026
Notice
Summary
The U.S. Treasury’s OFAC just blocked the property of certain people linked to terrorism, like Vasfi Akyuz, stopping Americans from doing business with them. This action started on August 20, 2026, and means any money or property they have under U.S. control is frozen. It’s a strong move to cut off support for groups like Hizballah and keep the financial system safe.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Assets of Listed Persons Frozen
On August 20, 2026, OFAC blocked all property and interests in property subject to U.S. jurisdiction of the named persons and entities (for example, Vasfi Akyuz and HIZBALLAH). That means any money or property they have under U.S. control is frozen and cannot be moved.
U.S. Persons Prohibited From Transacting
OFAC's notice says U.S. persons are generally prohibited from engaging in transactions with the listed individuals and entities as of August 20, 2026. This prohibits U.S. individuals and businesses from providing money, goods, or services to those listed.
Designations Carry Secondary Sanctions Risk
The notice indicates the listed entries carry a "Secondary sanctions risk" under section 1(b) of Executive Order 13224, as amended. That flags these persons and entities for potential additional sanctions consequences if others engage with them.
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-20683, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions list on October 5, 2026. Some people had their blocked property unlocked and were removed from the blacklist, while others had their info updated but remain blocked. These changes affect who can access money or property under U.S. rules, so watch for the latest details if you’re involved.
2026-20525, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked the property of Faouzi Barika and others linked to Hamas, making it illegal for Americans to do business with them. This action, effective October 2, 2026, freezes their assets under U.S. law to stop support for terrorism. If you’re a U.S. person, watch out—any dealings with these folks are off-limits and could have serious consequences.
2026-20526, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC just updated its sanctions lists by unblocking some people and removing their names from the banned list. They also cleaned up duplicate entries and updated info on others who remain blocked. These changes affect individuals and entities tied to sanctions, with some unblocked as of July 27, 2026, meaning their assets are no longer frozen.
2026-20395, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked all property linked to A7 NETWORK, a criminal group operating in Russia, Kyrgyzstan, Nigeria, and Zimbabwe. This means Americans can’t do business with them anymore, effective October 1, 2026. It’s a big move to stop shady international crime and protect U.S. interests.
2026-20475, Notice of OFAC Sanctions Action
On October 1, 2026, the U.S. Treasury’s OFAC added new individuals and companies to its blacklist, freezing their U.S.-based assets. This means Americans can’t do business with these blocked parties, cutting off their access to U.S. money and markets. The move aims to tighten financial controls and protect U.S. interests.
2026-20425, Notice of OFAC Sanctions Action
The U.S. Treasury’s OFAC just blocked the property of Rafael Buenrostro Martin and others for their roles in illegal drug trade and terrorism. From September 29, 2026, Americans can’t do business with these folks, freezing their assets under U.S. law. This move aims to cut off their money flow and stop bad activities fast and firmly.
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