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 accounts from me in the middle of the night,” he mentioned. “This wasn’t just happening to the Trumps. This was happening to conservatives all over the country.”
Trump said he didn’t have a “damn choice” but to pivot toward cryptocurrency.
“It has become the fastest-growing industry anywhere in the world. It has removed a lot of the power from the big banks, who have weaponized their platforms against the American people, and I could not be more proud to be here,” he said.