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Eric Trump Turns to Ethereum After Banks Close Trump Family Accounts

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By on August 14, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Eric Trump Turns to Ethereum After Banks Close Trump Family Accounts appeared first on Coinpedia Fintech News

Eric Trump reports that major U.S. banks—including Capital One, JPMorgan Chase, Bank of America, and First Republic—closed hundreds of Trump-linked accounts without warning in 2025. He cites these closures as the reason the Trump family turned to cryptocurrencies like Ethereum for financial operations. The move has fueled debate over political motivations in banking, with Eric Trump now actively promoting crypto as an alternative financial solution.

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