Donald Trump Jr. Says Crypto Was A Lifeline After Being Debanked: ‘We Got Into It Out Of Necessity’
Posted On June 3, 2025
Donald Trump Jr. says his family’s move into cryptocurrency was born not from trend-chasing but from financial necessity, citing a complete loss of access to traditional banking after entering politics.
What Happened: In an interview with CNBC on Tuesday, Trump Jr. said he and his brother faced abrupt exclusion from the financial system after their father entered the White House.
“We were debanked,” he said, adding, “There was a time I could call any banker in New York and get financing. That disappeared overnight.”
This exclusion, he said, gave the Trump family a firsthand view of what everyday Americans already experience.
“We were just at the top of a pyramid scheme …
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