OFACSanctions / OFACJuly 2, 2026

OFAC Adds New Individual to SDN List — Transactions Now Blocked

OFAC has designated one person to the Specially Designated Nationals and Blocked Persons (SDN) List, blocking all property and interests in property subject to U.S. jurisdiction and prohibiting U.S. persons from transacting with them. Crypto and fintech firms must screen this new entry across all customer accounts, transaction flows, and onboarding pipelines. Any existing business relationship with this individual must be frozen and reported.

What to do

Update your SDN screening lists immediately, run retrospective checks against existing customer and counterparty databases, and freeze any identified accounts or transactions pending OFAC guidance.

Who this affects

Crypto ExchangeCrypto CustodianWallet ProviderMoney Services BusinessPayments CompanyFintech / NeobankBank / Credit UnionTrust CompanyBroker-Dealer / RIA

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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