All core elements of the claim are confirmed by multiple independent Tier 1 primary institutional sources. The U.S. Treasury Department confirmed the $1.7 billion settlement was publicly announced on January 17, 2016 — squarely 'early 2016' as stated. Congressional testimony from Treasury and State Department officials confirms the settlement arose from Iran's pre-1979 Foreign Military Sales Trust Fund deposits for military equipment that went undelivered after the Islamic Revolution. The total of $1.7 billion ($400 million principal plus $1.3 billion negotiated interest) matches the claim precisely. The characterization as a 'legal settlement' is confirmed by the Tribunal proceeding context and the Judgment Fund disbursement mechanism. Psaki's additional characterization that the settlement was 'unrelated' to the JCPOA is consistent with the U.S. government's official position as stated by Secretary Kerry and State Department Spokesman John Kirby, though this characterization is not the testable factual element under evaluation in the claim_text. No material inaccuracies, omissions, or distortions were identified. Minimum TRUE requirements are met: multiple independent Tier 1 sources confirm all elements of the core assertion.