Trump's son reveals the reason for his crypto obsession
Eric Trump said he became interested in crypto after the riot on January 6, 2021, when Capital One bank abruptly closed the accounts of the Trump Organization.
"I didn't pay attention to crypto before, but when the bank locked our family's accounts, I realized how important decentralized finance is," Eric shared in a recent interview with Bloomberg.
Currently, the Trump family is behind the DeFi project WLFI, which has raised over $550M from token sales. Eric Trump, once an outsider, is now a significant player as a strategic advisor for American Bitcoin – a BTC mining project in partnership with Hut 8 that has just launched, and Metaplanet - a Bitcoin investment company in Japan.