Trump Family Advocates for Crypto Amidst Banking Challenges

Eric Trump, son of former President Donald Trump, has publicly championed cryptocurrency following a series of banking hurdles faced by his family. The Trump Organization was allegedly debanked in 2021 following the Capitol attack incident, leading to reliance on regional banks before finding a new, unnamed institution. This experience triggered Trump’s realization of financial system vulnerability and potential for political weaponization, contributing to his pro-crypto stance.