For Context: In January 2016, the Obama administration flew $1.7 billion in physical cash to Tehran.
https://x.com/Chetuyachinago/status/2053567829710942308
For Context: In January 2016, the Obama administration flew $1.7 billion in physical cash to Tehran.
This money was not a gift or a ransom payment. It was the settlement of a long standing financial dispute between Tehran and the American government. While Iran was still a vassal state to the U.S. and Britain under the Shah, it deposited $400m dollars into a U.S. Department of Defense trust fund to purchase military equipment.
After the 1979 Revolution and the subsequent hostage crisis, diplomatic ties were severed and the U.S. canceled the undelivered military orders.
Iran filed a claim for the return of these funds at the Iran-United States Claims Tribunal in The Hague. This international body was established in 1981 to resolve financial disputes between the two nations arising from the revolution.
By 2016, the case had been pending for decades. Iran was demanding up to 10 billion dollars in compensation to account for compounded interest.
As the case was nearing the final stages in the Tribunal, the Obama administration feared that Iran would be awarded an even larger amount.
They decided it would be wiser to settle the case outside of court. Even the 1.7 billion was celebrated by the U.S. as a victory. Had Washington refused to settle in 2016, the final cost determined by the Tribunal's adjudication could have been significantly higher.
The U.S. government explained that the payment had to be made in cash because the effectiveness of U.S. and international sanctions had effectively isolated Iran from the international banking system, making standard electronic transfers impossible.
Finally, there is no credible international, human rights, or media reporting that substantiates a death toll of 42,000 protesters in a recent crackdown. This figure is a complete fabrication with no basis in reality.

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