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Trump files $5 billion lawsuit against JPMorgan Chase, claiming entry into the crypto industry is due to "debanking"
GateNews
ChainCatcher news, Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, accusing the bank of refusing to provide financial services to him and his affiliated companies for political reasons. He previously announced on the Truth Social platform over the weekend that he would take legal action. The Trump family claims that being blacklisted by major banks forced them to enter the cryptocurrency industry.
His son, Donald Jr., stated, “We entered cryptocurrency because of de-banking.” The Trump-supported World Liberty Financial has applied for a banking license this month, actively promoting stablecoin business.
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