First technology-hardware-sector OFAC enforcement action in the 90-day baseline; OFAC simultaneously determined the violations were voluntarily self-disclosed and egregious — a combination indicating the VSD penalty reduction was applied against an otherwise-maximized base penalty.
Treasury settled with Extreme Networks, Inc. for $1,529,685 to resolve nine apparent violations of Russia-related sanctions for exporting networking equipment and related services to a blocked Russian defense manufacturer majority-owned by designated JSC Concern Almaz-Antey between 2018 and 2022.
Published
Why it matters
mail Subscribe to OFAC email updates
Primary sources. No fluff. Straight to your inbox.
Related
View all OFACTreasury issued Iran General License FF-1, authorizing the wind-down of transactions involving the International Development Bank for Investment and Finance.
October 29, 2026
Treasury designated parties under the DPRK and DRCONGO programs in a combined North Korea and Democratic Republic of the Congo SDN list update.
October 28, 2026
Notice of OFAC Sanctions Action
October 28, 2026