Eric Trump Explains Why The Trump Family Turned Towards Crypto.

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Eric Trump, the son of US President Donald Trump, said the Trump 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, unnamed bank, which they migrated to. 

“At that time, I realized how fragile the financial system was and how easily it could be weaponized…



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Eric Trump Explains Why The Trump Family Turned Towards Crypto.


Eric Trump, the son of US President Donald Trump, said the Trump 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, unnamed bank, which they migrated to. 

“At that time, I realized how fragile the financial system was and how easily it could be weaponized…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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