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Eric Trump Turns to Ethereum After Banks Close Trump Family Accounts

Published by
Qadir AK

Eric Trump reports that major U.S. banks—including Capital One, JPMorgan Chase, Bank of America, and First Republic—closed hundreds of Trump-linked accounts without warning in 2025. He cites these closures as the reason the Trump family turned to cryptocurrencies like Ethereum for financial operations. The move has fueled debate over political motivations in banking, with Eric Trump now actively promoting crypto as an alternative financial solution.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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