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Eric Trump Says The Trumps Didn't Have A 'Choice' But To Embrace Crypto After They Were Debanked - Bank of America (NYSE:BAC)

The Trump family increased their crypto holdings after being denied banking services post-Jan 6, with ALT5 Sigma buying $1.5 billion in Trump digital coins, executives said.

Summary by Benzinga
Eric Trump, the executive vice president of The Trump Organization, expressed his “love” for cryptocurrency on Wednesday, citing his personal experiences with debanking as a major factor. Financial Necessity Led The Trumps To Crypto During an interview with Fox News, Trump said his businesses were abruptly excluded from the financial system as part of a broader campaign against the Trump family and conservatives. “Capital One stripped 300 bank a…

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The Independent broke the news in London, United Kingdom on Wednesday, August 13, 2025.
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