Recent banking closures affecting prominent figures like Eric Trump highlight a growing concern about politically motivated de-banking practices, leading him to explore cryptocurrency as an alternative. Trump’s accounts were abruptly closed by institutions including Capital One and JPMorgan Chase without prior notice. The closure spurred his shift towards cryptocurrency, culminating in joining ALT5 Sigma, a crypto firm dedicated to the adoption of digital assets. 300 bank accounts were closed impacting Trump and many other conservatives across the nation, forcing him into a financial corner where he had no choice but to pivot toward cryptocurrency. Trump’s journey follows a broader trend of political figures turning towards digital currencies as hedges against traditional banking practices perceived as unfair and discriminatory. This incident has brought a renewed focus on cryptocurrencies as an alternative to potentially biased or politically motivated financial regulations.