JPMorgan Chase admitted that it closed more than 50 of President Donald Trumpās bank accounts after his first term as president concluded.
The bank admitted on Friday that āmore than 50 Trump accountsā were cut off in February 2021, weeks after the January 6, 2021, riot at the Capitol, according to the New York Times.
The revelation by JPMorgan came after Trump āand the Trump Organizationā filed a lawsuit in January against JPMorgan Chase and its CEO, Jamie Dimon, for having debanked the president, according to the outlet.
Per the outlet, accounts that JPMorgan reportedly ādebankedā were accounts āfor Trump hotels, housing developments and retail shopsā in several states, along with āTrumpās personal private banking relationship that handled his inheritance:ā
JPMorgan did not specify in those letters a specific reason for the mass account closings. In one unsigned note to Mr. Trump, dated Feb. 19, 2021, the bank wrote that he would need to āfind a more suitable institution with which to conduct business.ā
People on this board still do not understand why Don jr. and Eric Trump are so big on crypto. THIS IS WHY. JP Morgan cannot suddenly close your Bitcoin wallet. After a bank unilaterally cripples all your businesses, and you have no recourse, you start looking for alternatives.
And now the new head of the Fed is pro crypto and explicitly not afraid of Bitcoin? Most people have no idea how much is changing under their feet. The Old Guard is being swept away, starting with their financial control grid. Fuck the banks!
JPMorgan Chase admitted that it closed more than 50 of President Donald Trumpās bank accounts after his first term as president concluded.
The bank admitted on Friday that āmore than 50 Trump accountsā were cut off in February 2021, weeks after the January 6, 2021, riot at the Capitol, according to the New York Times.
The revelation by JPMorgan came after Trump āand the Trump Organizationā filed a lawsuit in January against JPMorgan Chase and its CEO, Jamie Dimon, for having debanked the president, according to the outlet.
Per the outlet, accounts that JPMorgan reportedly ādebankedā were accounts āfor Trump hotels, housing developments and retail shopsā in several states, along with āTrumpās personal private banking relationship that handled his inheritance:ā
JPMorgan did not specify in those letters a specific reason for the mass account closings. In one unsigned note to Mr. Trump, dated Feb. 19, 2021, the bank wrote that he would need to āfind a more suitable institution with which to conduct business.ā
FO stage is about to begin, this and their links to Epstein.
People on this board still do not understand why Don jr. and Eric Trump are so big on crypto. THIS IS WHY. JP Morgan cannot suddenly close your Bitcoin wallet. After a bank unilaterally cripples all your businesses, and you have no recourse, you start looking for alternatives.
And now the new head of the Fed is pro crypto and explicitly not afraid of Bitcoin? Most people have no idea how much is changing under their feet. The Old Guard is being swept away, starting with their financial control grid. Fuck the banks!
They made a huge mistake!