Where are the Iranian assets that were seized by Jimmy Carter? Are they in Germany?

Iranian assets held by Clearstream have been a source of controversy for years. The money is claimed by US victims of the 9/11 al Qaeda attacks and are the basis of an extended investigation of Clearstream by US authorities for alleged sanction violations.

In April 2020, a Luxembourg court said $1.6 billion held by Clearstream would not be transferred to the 9/11 victims, saying the seizure demand was inadmissible under national law. However, Iran could also not claim the money as legal procedures were and still are ongoing.

This year a New York court accused Iran of providing “material support and resources to al Qaeda for acts of terrorism”. The militant group hijacked commercial planes to attack targets in New York and Washington in 2001.

That court awarded the plaintiffs damages worth over $7 billion. Families of victims are seeking access to $1.6 billion of Iranian funds in Luxembourg that were frozen as part of the US sanctions, Reuters reported. Iran has denied any links to al Qaeda or any involvement in the deadly Sept. 11 attacks that killed more than 3,000 people.

https://financialtribune.com/articles/business-and-markets/108599/irans-cb-averts-us-bid-to-seize-its-assets-locked-in-luxembourg

According to U.S. judicial documents filed in New York and California in the case of Peterson vs. Islamic Republic of Iran, the funds are held at Citibank in the name of Clearstream, which in turn is owned by the Deutsche Börse Group. For years, Clearstream has been accused of being an international platform for money laundering and tax evasion. It has allegedly operated "hundreds of confidential accounts for banks so they could move money undetected." It has also been embroiled in numerous scandals for maintaining secret accounts for French politicians, industrial leaders and intelligence services.

https://financialtribune.com/articles/business-and-markets/108599/irans-cb-averts-us-bid-to-seize-its-assets-locked-in-luxembourg

https://casetext.com/case/peterson-v-islamic-republic-of-iran-26