Trump Bros. Admit Vendetta Against Big Banks Motivated New Crypto Push After Family Accounts Targeted
President Donald Trump’s sons, Eric Trump and Donald Trump Jr., unloaded on Big Banks that they claim were “weaponized” against MAGA and abruptly shuttered family business accounts as they vowed to “democratize finance” with their new cryptocurrency “solution.”
The venture involves the Trump family’s crypto company, World Liberty Financial, setting up a $1.5 billion fund to buy and hold its own coin, WLFI, in a move critics say could personally benefit the president.
The money will come from buying up 200 million shares of ALT5 Sigma, a Nasdaq-listed firm that will now act as a way for investors to bet on WLFI without actually owning the coin. Eric Trump is joining ALT5’s board, chaired by Trump ally Zach Witkoff, son of special envoy Steve Witkoff.
The brothers appeared on Fox & Friends Wednesday morning alongside Witkoff to speak to co-host Brian Kilmeade. The host shared multiple headlines from newspapers sounding the alarm on conflicts of interest for Trump under the current administration, which the Trump brothers rejected as “infuriating.”
Unloading on the current banking system, Eric Trump namedropped major banking institutions, blasting Capitol One for allegedly revoking “300 bank accounts” in “the middle of the night.”
“It happened with JP Morgan Chase, it happened with Bank of America, it happened with First Republic. This wasn’t just happening to the Trumps. People with a lot of zeros at the end, this was happening to conservatives all over the country. We didn’t have a damn choice,” he said.
He continued: “So, before my father, you know, won the election, before my father was in office, we started getting into cryptocurrency. The people in cryptocurrency were being debanked, just like Trump was being debanked.”
He added: “Do you know it’s become the fastest growing industry anywhere in the world? It’s actually removed a lot of the power from the big banks who have weaponized their platforms against the American people and I could not be more proud to be here.”
Donald Trump Jr. joined in, slamming the media for not “talking” about the “Russia hoax” and what he called government “lawfare” against his family.
Rounding on the banks he said: “Unlike all the other people who served in the presidency before, basically since our founding fathers, Trump was the only guy that was actually a businessman before that. Are we supposed to stop running our businesses?”
He argued MAGA supporters were “afraid” for their businesses facing the same “problems” with banks that the Trumps had “because they don’t just simply conform and fall into line with whatever the talking points are or with whatever the liberal agenda is that day.”
Witkoff managed to add: “That’s what we are doing with ALTS and World Liberty is we’re really trying to democratize the financial system. Put power back in the hands of the people instead of the big boogie man behind the curtain.”
“Right,” Kilmeade said, turning back to the Trump brothers who continued to complain that the current banking setup was “broken” – raging against Know Your Customer (KYC) verification requirements for loans and the banking model as a “9-5” system that is slow to deliver wires or extract money from.
Watch above via Fox News.
