Pursuant to Executive Order 13850, the U.S. Treasury Department ("Treasury") Office of Foreign Assets Control ("OFAC") designated a Venezuela state gold mining company and its president for "prop[ping] up the illegitimate regime of former President Nicolas Maduro."
As a result of OFAC's action, all property and interests in property of this entity and individual, and of any entities that are owned by this entity and individual, that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. OFAC's regulations generally prohibit all dealings by U.S. persons or in the United States that involve any property or interests in property of the designated persons.
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