Trump Family Turned to Crypto After Bank Access Cut, Says Trump Jr

Trump Jr. says the family adopted crypto after banks cut access during their political rise.

He links subpoenas and strained financing to their shift toward decentralized platforms.

He says real estate inefficiencies and halted foreign deals reinforced their crypto move.

Donald Trump Jr. said on Monday that the family moved into crypto after banks stopped returning calls during their political rise. The change began in New York when lenders cut access to financing, which forced the family to seek alternatives. The comments came during an interview where he explained why crypto became essential for their operations.

Debanking Claims Push the Family Toward Crypto

Trump Jr. noted that the family faced a sudden freeze from lenders who once supported their real estate work. He said banks in New York previously approved loans with ease, however that changed once politics entered the picture

This change introduced a financial pressure that pushed the family toward decentralized systems. He added that the issue escalated when subpoenas arrived, which exposed what he described as a system that favored those with access

This situation placed the family in what he called the position of regular individuals who struggled to access basic financial services. He said this experience raised questions about how fast financial access could disappear.

Real Estate Processes Prompt Interest in Blockchain

The interview continued with Trump Jr. pointing to inefficiencies he saw in real estate transactions. He said blockchain could remove layers of fees, notably title insurance costs that add pressure to property deals

He argued that decentralized tools offered practical fixes rather than trendy ideas. However, he stressed that the family adopted crypto because traditional financing shut them out

He also said the move happened during a period when lawsuits from New York’s Attorney General added more strain. This context shaped their belief that crypto offered more reliable access.

Political Scrutiny and the Family’s Financial Shift

Trump Jr. also referenced limits the Trump Organization placed on international deals during the first administration. He said the company stopped foreign projects to avoid conflict claims yet received no credit for doing so. This backdrop, according to him, reinforced their decision to build new ventures like American Bitcoin, World Liberty Finance, and USD1.

He closed the segment by saying they now follow all available rules as they grow these projects. He noted the family made the shift because access to traditional finance disappeared, not because crypto looked fashionable.

The post Trump Family Turned to Crypto After Bank Access Cut, Says Trump Jr appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.