2026-05114NoticeWallet

Treasury Blacklists New Faces in Weapons of Mass Destruction Network

Published Date: 3/17/2026

Notice

Summary

The U.S. Treasury’s OFAC just added new people to its blacklist, blocking their property and stopping Americans from doing business with them. This includes individuals linked to serious threats like weapons of mass destruction. These changes took effect on March 12, 2026, and could impact money and transactions involving these folks.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

New SDN Listings Block Property

On March 12, 2026, OFAC added multiple people and an entity to the Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of those listed are blocked, and U.S. persons are generally prohibited from engaging in transactions with them; some listings are linked to weapons-of-mass-destruction proliferation or North Korea-related sanctions.

SDN Entry Updated With Crypto Addresses

On March 12, 2026, OFAC updated the SDN List entry for SIM, Hyon Sop to add multiple digital currency addresses (including several ETH and TRX addresses and ARB/BSC entries). Those addresses are associated with a blocked person, so U.S. persons are generally prohibited from engaging in transactions involving those addresses and any property subject to U.S. jurisdiction is blocked.

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Key Dates

Effective Date
Published Date
3/12/2026
3/17/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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