Trump's Iran Claims: Did Obama Send $1.7 Billion Cash to Tehran?

• Donald Trump claimed Barack Obama sent $1.7 billion in cash to Iran, calling it a "mistake" and a failed attempt to buy loyalty.
• The $1.7 billion was a settlement for Iranian funds frozen since the 1970s, including an initial $400 million principal and $1.3 billion in accumulated interest.
• The Obama administration confirmed the payment was made in cash (euros, Swiss francs) due to sanctions cutting Iran off from global banking.
• Obama stated the settlement was financially beneficial for the US, as Iran had sought over $10 billion in arbitration.
• The funds were Iranian foreign assets, not a direct payment from Washington, which sanctions prevented Iran from accessing.