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JPMorgan Chase first admits to closing Trump's bank accounts after the Capitol Hill incident, prompting the Trump family to turn to the crypto space.
Odaily Planet Daily reports that the largest bank in the United States, JPMorgan Chase, admitted that after the January 6, 2021 Capitol Hill attack, they canceled Donald Trump’s bank accounts. This move ultimately led the Trump family to venture into the cryptocurrency space.
According to court documents seen last week by media outlets such as Forbes and CNBC, former JPMorgan Chase CEO Daniel Wilkenning acknowledged that the bank had decided to close accounts related to Trump, marking the first public admission by JPMorgan Chase of such actions.
Wilkenning wrote in a lawsuit filed by Trump against JPMorgan Chase: “In February 2021, JPMorgan Chase notified the plaintiff that certain accounts opened with JPMorgan Chase’s Commercial Banking (CB) and Private Banking (PB) would be closed.” (Cointelegraph)