US and Iran finalize deal to free American prisoners in exchange for $6 billion in frozen Iranian assets

• In a prisoner swap deal, the US will release five Iranian citizens detained in the US while Iran will free five Americans it had detained.
• The US issued a sanctions waiver allowing $6 billion of restricted Iranian funds to be transferred from South Korea to Qatar for approved humanitarian purposes.
• The deal drew criticism from Republicans concerned about boosting Iran's economy and incentivizing more hostage taking.
• Iran stated it will decide how to allocate the funds, diverging from the US intention for the money to be used for humanitarian aid.
• The American prisoners include environmentalist Morad Tahbaz and Iranian-American businessman Siamak Namazi, along with three others.

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