President Joe Biden reached a deal that frees U.S. citizens from Iran in exchange for imprisoned Iranians and unfreezes $6 billion in Iranian assets, Biden officials announced on Thursday.

The United States will receive five Americans who have been detained by Iran over spying allegations and will give Iran several Iranians who violated Iranian sanctions.

"We have received confirmation that Iran has released from prison five Americans who were unjustly detained and has placed them on house arrest," National Security Council spokeswoman Adrienne Watson said in a statement obtained by Fox News. "While this is an encouraging step, these U.S. citizens — Siamak Namazi, Morad Tahbaz, Emad Shargi, and two Americans who at this time wish to remain private — should have never been detained in the first place."

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