JPMorgan Chase first admitted to closing Trump's account after the Capitol Hill incident, a move that has been linked to prompting the Trump family to turn to the crypto space.

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ChainCatcher news, Eric Trump, the son of Donald Trump, has repeatedly stated that it was due to experiencing “debanking” that the family fully shifted to the crypto space. He revealed that Capital One closed his 300 bank accounts overnight, an experience that directly led him to spearhead the creation of the Trump family crypto platform World Liberty Financial.

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