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A Project of The Annenberg Public Policy Center

Posts Misrepresent Unfreezing of $16 Billion in Iranian Funds

Posts Misrepresent Unfreezing of $16 Billion in Iranian Funds

A recent deal involving a prisoner swap and the extension of a Trump-era waiver have freed $16 billion in previously frozen Iranian funds. Social media posts distort the sources of the money to falsely claim “Joe Biden gave 16 billion to Iran.” The Iranian money has been unfrozen with restrictions that it be used for humanitarian purposes.