Editor's PiCK
Eric Trump: "U.S. banks seized Trump accounts without warning…turning to crypto"
Suehyeon Lee
Summary
- Eric Trump stated that the Trump family became interested in virtual assets after their bank accounts were seized.
- He mentioned that the virtual asset industry is growing rapidly and has weakened the power of major banks.
- Eric Trump highlighted the failure of the U.S. banking system and emphasized that virtual assets are the future.
Eric Trump revealed the reason the Trump family became interested in virtual assets (cryptocurrency).
According to Cointelegraph on the 14th (local time), Eric Trump said in a Fox News interview, "Major U.S. banks including Capital One, JPMorgan, Bank of America, and First Republic seized hundreds of accounts belonging to the Trump family without prior notice. These actions led the Trump family to turn to virtual assets," he stated.
He also said, "The virtual asset industry has become the fastest-growing sector and has significantly weakened the power of major banks that weaponized their platforms against the American public," emphasizing, "Our banking system is failing. Virtual assets are the future."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)