$TRUMP
Eric Trump Talks About Family’s Move to Crypto
Eric Trump said that after the 2021 Capitol attack, many banks closed the Trump Organization’s accounts without reason. This pushed the family to explore regional banks and later move into cryptocurrency.
Speaking at Consensus 2025, he claimed the closures were politically motivated and compared them to the Biden administration’s alleged pressure on banks to block crypto companies. The Trump Organization has since sued Capital One, saying the account closures caused big financial losses.
Eric Trump warned that banks must adopt crypto or risk becoming useless in the next 10 years.
The Trump family is now deeply involved in crypto:
Donald Trump launched his own memecoin (TRUMP).
They co-founded World Liberty Financial, offering the USD1 stablecoin.
Eric and Donald Jr. also started American Bitcoin, which raised $220M for Bitcoin mining.
Reports estimate Donald Trump’s crypto wealth at $2.4B.
Eric Trump denied that the family used politics for personal profit and hinted that one of them may run in the 2028 election.
