OFAC sanctions China’s Guangzhou Tengyue Chemical and its leaders for manufacturing and supplying synthetic opioids to the U.S. drug market – blocking their assets and U.S. transactions

The sanctions block U.S. assets and prohibit transactions by U.S. persons, and follow a joint investigation by the DEA and FBI, which has resulted in an unsealed criminal indictment alleging a conspiracy to traffic synthetic opioids and related chemicals…