50 Largest OFAC Fines and Penalties of All Time

The largest OFAC civil penalty in this database is $968,618,825 against Binance Holdings, Ltd., released on November 21, 2023. Binance is recorded as a Cayman Islands cryptocurrency firm. The second-largest OFAC civil penalty is $963,619,900 against BNP Paribas SA, released on June 30, 2014.

These figures represent the OFAC settlement amounts only. They do not include related Department of Justice, Federal Reserve, or state penalties from the same investigations.

The largest OFAC penalty against an entity outside the Banking industry is $968,618,825 against Binance Holdings, Ltd., a cryptocurrency firm, in 2023.

Excluding both banks and cryptocurrency firms, the largest penalty is $508,612,492 against British American Tobacco p.l.c., a United Kingdom-based tobacco company, released on April 25, 2023.

The largest OFAC penalty against a cryptocurrency firm is $968,618,825 against Binance Holdings, Ltd. in 2023. There are 10 crypto cases in the database.

The next-largest crypto penalties are $24,280,829.20 against Bittrex, Inc. in 2022, $7,591,630 against Poloniex, LLC in 2023, and $3,103,360 against Exodus Movement, Inc. in 2025.

The largest OFAC penalty against an individual in this database is $4,677,552, released on November 24, 2025. The enforcement record identifies the individual as U.S. Person-1; OFAC did not publish the person’s legal name.

The next-largest individual penalty is $3,777,000 against another U.S. Person-1 record, released on February 25, 2026. The database contains 231 individual records with a settlement amount.

Seventeen OFAC penalties in this database have settlement amounts greater than $100 million. The smallest of the 17 is $100,871,266 against Zhongxing Telecommunications Equipment Corporation (ZTE), released on March 7, 2017.

The next-largest penalty below the threshold is $91,026,450 against Weatherford International Ltd., so it is not included among the 17 cases exceeding $100 million.

The largest OFAC penalty in 2025 was $215,988,868 against GVA Capital Ltd., released on June 12, 2025. The database records GVA Capital as a United States entity in the Private Equity industry.

The next-largest 2025 penalties were $11,832,136 against Interactive Brokers LLC, released on July 15, 2025, and $11,485,352 against IPI Partners, LLC, released on December 2, 2025.

The $8.9 billion figure is not the OFAC settlement amount in this database. The BNP Paribas SA record has an OFAC settlement amount of $963,619,900, released on June 30, 2014.

The broader $8.9 billion figure refers to the global settlement involving multiple U.S. authorities, including the U.S. Department of Justice, New York County District Attorney’s Office, Federal Reserve Board of Governors, and New York State Department of Financial Services. OFAC’s $963,619,900 obligation was deemed satisfied through payments of an equal or greater amount to the Department of Justice and the New York County District Attorney arising from the same conduct.

Iran is associated with the largest total value of OFAC penalties in this database, at $6,963,067,080.07 across 305 records whose program tags include Iran. Cuba is second, at $5,882,818,870.06 across 452 records whose tags include Cuba.

These figures should not be interpreted as Iran-only or Cuba-only penalty totals. When a case has multiple program tags, its full settlement amount is counted toward each tagged program. For example, a case tagged Iran, Cuba, and Sudan contributes its full penalty to all three totals.

Looking only at cases tagged Iran and no other program, the total is $664,390,160.67 across 221 records. The $6.96 billion figure therefore represents the total value of cases citing Iran, not a pool of penalties imposed solely for Iran sanctions violations.

Among entities recorded as both United States and entity in this database, the largest OFAC penalty is $215,988,868 against GVA Capital Ltd., released on June 12, 2025.

The next-largest is $88,300,000 against JPMorgan Chase Bank, N.A., released on August 25, 2011, followed by $30,000,000 against Wells Fargo Bank, N.A., released on March 30, 2023.

For comparison, Binance Holdings, Ltd. is recorded as Cayman Islands with a $968,618,825 penalty, while British American Tobacco p.l.c. is recorded as United Kingdom with a $508,612,492 penalty. BNP Paribas SA has no country value recorded in the database.

The largest OFAC penalty in 2026 is $275,000,000 against Adani Enterprises Limited, released on May 18, 2026. The database records Adani as an India-based Oil & Gas company.

The next-largest 2026 penalty is $3,777,000 against U.S. Person-1, released on February 25, 2026.