Last Updated: January 19, 2026
Aliases
KRADEN; SKYDA
Nationality
Switzerland; Switzerland
Address
Banhofstrasse 20, Zug, 6300, Switzerland
Reg. ID
CH-170.4.019.396-6, Registration Number; 280091217, Tax ID No.
Official reason
Karpavicius is also the majority owner of Switzerland-based Dragon Secure GmbH (Dragon Secure). The company operates the “Kraden” encrypted messaging application, which has been used by drug traffickers. Dragon Secure is being sanctioned pursuant to E.O. 14059 for being owned, controlled, or directed by, or for having acted or purported to act for ...
Other Information
https://home.treasury.gov/news/press-releases/jy2753
Date of listing
2024-12-17
Authority
US
Program
Executive Order 14059 of December 15, 2021 Imposing Sanctions on Foreign Persons Involved in the Global Illicit Drug Trade
Regime
OFAC-horizontal
Target State
Drugs
Measures
Blocking Property, Suspending Entry
Official Information
President Biden signed a new Executive Order (E.O.) to modernize the U.S. Department of the Treasury’s sanctions authorities used to combat the illicit drug trade. This E.O. will provide the Treasury Department with new tools to tackle changes in the global illicit drug trade that substantially contributed to over 100,000 American overdose deaths i...
Additional Details
SDN
Program URL