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Did Obama hire 9 lawyers amid backlash over 2016 cash transfer to Iran? Debunking viral claims

Claims that Barack Obama hired nine lawyers over the 2016 $1.7 billion Iran cash transfer resurfaced after Trump remarks. But the claim is false.

Updated on: Mar 04, 2026 3:35 AM IST
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Barack Obama sending $1.7 billion in cash to Iran in 2016 has become a major talking point amid the ongoing conflict with Iran. On Tuesday, speaking to the media from the White House, Trump reiterated that Obama purportedly dropped cash on a Boeing 757 aircraft.

Barack Obama, right, meets with Donald Trump in the Oval Office of the White House. (AP)
Barack Obama, right, meets with Donald Trump in the Oval Office of the White House. (AP)

As people revisit the contexts of Obama and Biden sending money to Iran, a baseless hoax in doing rounds on social media. It claims that Barack Obama has purportedly hired a team of nine criminal defense lawyers, fearing a potential backlash from the Trump administration over the cash transfer to Iran. However, Ht.com can confirm that the claims are false.

No reports suggest that the federal authorities are taking legal action against Obama for the cash transfer in January 2016. Obama, or his team, has also not confirmed anything around lawyering up, and claims that he is in trouble over it are false.

For instance, here's a post that got over 2 million views on X:

Obama transferred $1.7 billion to Iran in January 2016 as part of settlement for a failed pre-1979 arms deal. $400 million was delivered in cash by plane, while rest of the $1.3 billion was the interest accumulated on the amount since the 1970s.

The claims resurfaced after Trump spoke extensively and in detail about the cash transfer at the Oval Office on Tuesday.

Also read: Follow LIVE updates from US-Israel attack on Iran

“The deal that Obama made giving them everything, including plane loads of cash… It was a Boeing 757," Trump said. "It was two of them, loaded. They took out all the seats. It was loaded with green cash… It was in Virginia, Maryland and Washington DC.

"They got all the cash from all the banks… and they flew it to Iran. I never knew a President had that power.”

Biden, meanwhile, allowed Iran to access about $10 billion in Iraqi electricity payments held in a bond by the US. It also unfroze an additional $6 billion in a Qatar-held account from a hostage deal. In total, Biden allowed Iran to access around $16 billion.

There is no evidence to suggest, however, that the money was used to fund Iran's nuclear program.

Trump Says "Too Late" For Talks With Iran

On Tuesday, in a Truth Social Post, Trump said that it is "too late" for further talks with Iran. The President had earlier said in an interview with The Atlantic that he is open to talks to possibly de-escalate the situation. Tuesday's Truth Social post marked a complete U-turn on the POTUS' previous stance.

"Their air defense, Air Force, Navy, and Leadership is gone. They want to talk. I said, 'Too Late!'" Trump wrote.

  • Shamik Banerjee
    ABOUT THE AUTHOR
    Shamik Banerjee

    Shamik is a journalist covering the United States for Hindustan Times. He has more than four years of experience reporting on US politics, sports, and major breaking stories across fast-moving cycles. He previously worked at Times Now and Sportskeeda, building strong newsroom instincts and digital storytelling skills. At HT.com, he focuses on day-to-day coverage of US political developments while also handling high-impact stories that demand speed, accuracy, clarity, and context under pressure. Shamik has extensive experience covering NFL game days over the past two years, coordinating live updates, analysis, and explainers. He is particularly drawn to large news moments such as US elections and the Super Bowl, where he thrives at the news desk working alongside the team. He holds degrees in Media Studies from Jamia Millia Islamia and English Literature from Jadavpur University. Before entering journalism, he briefly worked in digital marketing and political consultancy roles. Currently a Senior Content Producer at HT Digital, he is driven by curiosity, discipline, and a constant desire to explore new and obscure topics. Outside work, he enjoys reading, films, sports, and learning continuously.Read More

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