#WhaleMovements
(...Trump Family Bets Big on Crypto—Calling It a "Resistance Move" Against "Woke" Banks )>>
From "Most Canceled" to Crypto Pioneers
Eric Trump claims his family was once "the most canceled company, probably on Earth"—but now, with Donald Trump back in the White House, they're diving headfirst into cryptocurrency.
Why Crypto? Speed, Transparency, and Revenge
In an interview with CNBC, Eric Trump framed the family’s crypto pivot as both a practical and ideological move:
1.."Faster, cheaper, more transparent" than traditional finance.
2..A response to banks "debanking" conservatives—citing Capital One’s closure of 300+ Trump Organization accounts post-Jan. 6.
3..A rebellion against what he calls the "war on the industry" (SEC crackdowns, frozen accounts).
(..Legal Troubles Meet Meme Coin Mania..)
1..In 2022, two Trump Org subsidiaries were convicted of tax fraud and conspiracy—weeks after Trump announced his 2024 run
2..Now, the family is monetizing political momentum:
3..Trump and Melania launched meme coins, briefly adding billions in paper wealth.
4..Eric and Don Jr. are going bigger: a dollar-backed stablecoin (via World Liberty Financial) and a Bitcoin mining venture (American Bitcoin) with Hut 8’s CEO.
(..Ethics? Not for Crypto..)
While the Trump Org pledged to limit the president’s business involvement, crypto appears to be the exception. Eric insists this isn’t just a financial play—it’s "resistance" against "woke" institutions.
