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U.S. Treasury targets 10 individuals and entities in Iran and Venezuela involved in weapons and combat drone sales, freezing their assets and restricting transactions to curb global military threats

December 30, 2025

Action targets a Venezuelan firm and its leadership, plus several Iran-based persons and companies, for facilitating Iran’s unmanned aerial vehicle (UAV) transfers to Venezuela and procuring chemicals used in ballistic missile production. These actions — under Executive Orders targeting weapons proliferators — block all U.S. property of the designees, prohibit transactions by U.S. persons, and expose secondary sanctions risks for foreign financial institutions that engage with them…

OFAC sanctions a ML network linked to Venezuela’s Tren de Aragua, freezing its assets and blocking U.S. financial access to disrupt its shell companies and illicit funding channels

December 16, 2025

OFAC designates multiple individuals and associated entities, including Venezuelan entertainers and business fronts, for providing material support to the Tren de Aragua transnational criminal organisation and laundering illicit proceeds under Executive Order 13224’s counter-terrorism authorities. U.S. Department of the Treasury These sanctions freeze any U.S.-linked assets of the designees and prohibit U.S. persons from engaging with them, reinforcing U.S. efforts to cut off financial and operational support …

U.S Treasury targets Maduro-linked insiders and shipping firms in Venezuela’s oil sector, freezing assets and blocking transactions to cut off illicit financial support

December 11, 2025

OFAC designates three nephews of Maduro’s wife, a Venezuelan oil-sector official, a businessman with regime ties, and six shipping companies and associated vessels for their role in facilitating illicit oil shipments and financial support for the Maduro government. These actions block all U.S. property and interests of the designated persons and entities and prohibit U.S. persons from engaging in transactions with them, aiming to cut off revenue streams that fuel corruption, narco-trafficking and the Venezuelan regime’s continued…

U.S. Treasury sanctions a transnational network recruiting Colombians for Sudan’s civil war, freezing assets and blocking transactions to halt foreign conflict financing

December 9, 2025

OFAC imposed sanctions on four individuals and four entities for their roles in fueling the civil war in Sudan, a conflict that has provoked the world’s worst ongoing humanitarian crisis. This transnational network—primarily composed of Colombian nationals and companies—recruits former Colombian military personnel and trains soldiers, including children, to fight for the Sudanese paramilitary group known as the Rapid Support Forces (RSF)…

OFAC imposes a $7.1M penalty on Gracetown Inc. for repeatedly violating U.S. Russia-related sanctions and failing to report blocked assets tied to a sanctioned Russian oligarch

December 4, 2025

OFAC finds that Gracetown continued to receive payments on behalf of a company ultimately owned by sanctioned Russian oligarch Oleg Deripaska — despite explicit notice that conducting such transactions was prohibited — and also failed to timely report blocked assets in its possession. The enforcement action, approaching the statutory maximum, underscores Treasury’s commitment to holding U.S. persons accountable for compliance with sanctions programs and reporting obligations.

US Treasury imposes new sanctions on a wide network of front‑companies, shipping facilitators and vessels involved in transporting Iranian oil, targeting operations that raise funds for Iran’s military

November 20, 2025

The U.S. Department of the Treasury – through its Office of Foreign Assets Control (OFAC) designates a web of front companies, vessels, and shipping-services firms linked to Sepehr Energy Jahan, the oil-sale arm of Iran’s military, as sanctions targets under authorities that target Iran’s petroleum and petrochemical sectors. The action also expands sanctions to six additional vessels and includes entities involved in chartering and transporting Iranian crude — a move intended to disrupt Iran’s shadow-fleet export operations…

OFAC sanctions former Canadian Olympian and his criminal network, freezing their assets and blocking U.S. transactions to disrupt a transnational cocaine-trafficking operation

November 19, 2025

The action targets Ryan James Wedding, a former Olympic snowboarder now listed among the FBI “Ten Most Wanted,” along with nine associates and nine affiliated entities, for running a violent, transnational cocaine-trafficking network that moves multi-ton shipments from Colombia and Mexico into North America, and allegedly orders murders abroad to protect the enterprise…

US Treasury sanctions the Democratic Karen Benevolent Army and affiliates for running cyber‑scam centres and human‑trafficking operations in Burma, freezing their U.S. assets

November 12, 2025

The action designates the DKBA, its senior leaders and affiliated companies for operating coercive scam compounds that target U.S. victims and generate revenue for the group’s military activities. It also freezes U.S.-linked assets, restricts financial dealings and contributes to broader U.S. efforts to disrupt cyber-enabled crime and human-rights abuses in Myanmar…

OFAC sanctions several key Hezbollah operatives and Lebanese exchange houses for funneling tens of millions from Iran to the group through unlicensed money transfers

November 6, 2025

The U.S. Department of the Treasury designates several individuals facilitating large-scale money movements from Iran to Hezbollah via Lebanon’s largely cash-based exchange houses, targeting tactics including illicit oil revenue and unlicensed currency conversion. The action underscores the blocking of property under Executive Order 13224, emphasising that U.S. persons are prohibited from engaging…

OFAC sanctions North Korean banks, IT firms, and individuals for cybercrime, labor‑fraud networks, and sanctions evasion, cutting off funding linked to the DPRK’s weapons programs

November 4, 2025

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designates eight individuals and two entities tied to the Democratic People’s Republic of Korea for facilitating the laundering of proceeds from cyber-enabled theft, cryptocurrency heists and illicit IT-worker schemes. These measures target the financial infrastructure enabling the DPRK’s proliferation of weapons of mass destruction and reinforce the blocking of property and assets under U.S. sanctions law…

US Treasury targets Mexico-based Human Smuggling Organisation and its leaders, sanctioning them for trafficking thousands of migrants and running interconnected drug and ML networks

October 30, 2025

The designation targets the Bhardwaj Human Smuggling Organization, its principal, three associates and sixteen affiliated companies for orchestrating large-scale migrant smuggling operations into the United States alongside related bribery, drug trafficking and money-laundering activity. Treasury highlights the organisation’s exploitation of vulnerable migrants and warns that financial institutions…

OFAC sanctions Russia’s 2 largest oil companies, Rosneft and Lukoil, along with all subsidiaries they own by 50% or more, for operating in Russia’s energy sector and supporting its war effort

October 27, 2025

The action aims to intensify economic pressure on Moscow while urging an immediate ceasefire. OFAC also issued temporary general licenses allowing limited wind-down transactions until late November 2025 and warned that foreign financial institutions engaging in significant dealings with the sanctioned firms or Russia’s military-industrial base could face secondary sanctions…

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