Trump family went pro-crypto after Biden ‘weaponized‘ banks: WSJ
US President Donald Trump’s son, Eric Trump, said his family’s conglomerate was “debanked” after the 2021 Capitol attack incident.
Eric Trump, son of US President Donald Trump, said the family became pro-crypto after they were “debanked” in the aftermath of the Capitol attack incident in early 2021.
Several banks shut down hundreds of bank accounts related to the Trump Organization without providing a reason, Trump told The Wall Street Journal, which led to the group having to rely on regional banks before finding a new, unidentified bank, to which they migrated.
“At that time, I realized how fragile the financial system was and how easily it could be weaponized against you,” said Trump.