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Posts Misrepresent Unfreezing of $16 Billion in Iranian Funds

Este artículo estará disponible en español en El Tiempo Latino.

Quick Take

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.


Full Story

Two separate agreements in the fall allowed Iran to access up to $16 billion of its previously frozen assets, including a reported $10 billion as the result of an extension of a Trump-era waiver that allows Iran to access funds for humanitarian purposes.

Posts on social media have misrepresented those agreements, claiming, “Joe Biden gave 16 billion to Iran.” One early version of the claim, which spread widely on X, the platform formerly known as Twitter, showed a picture of President Joe Biden with this text: “Anyone remember when this guy handed $16,000,000,000 to Iran last year?” It came from an account that describes itself as “Conservative populist.” When the post went viral, the account added a to a survivalist goods company.

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