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BumRushDaShow

(160,228 posts)
Wed Aug 13, 2025, 06:43 PM Aug 13

Don Jr says his family got into crypto after banks refused to do business after Jan 6 'nonsense'

Source: The Independent

Wednesday 13 August 2025 15:03 BST


Donald Trump Jr. says his family “didn’t have a choice” but to get into crypto because banks didn’t want to do business with them after January 6, 2021, referring to the deadly attack on the U.S. Capitol as “all the nonsense.” “We got into crypto because we didn’t have a choice,” the president’s eldest son said on Fox & Friends Wednesday morning while discussing his family’s cryptocurrency business’s $1.5 billion digital coin deal.

The Trump family’s crypto business, World Liberty Finance, announced Monday that technology firm ALT5 Sigma would make a big purchase of its digital coin, $WLFI. ALT5 said it would sell $1.5 billion worth of shares, then use that money to purchase the Trump signature digital coin, which the family founded last year.

“Every major banking institution, the people that, two weeks before we were debanked, we could’ve called and gotten a loan in five seconds. They disappeared. We were left high and dry,” he said.

“Basically, during the first term, certainly after the…let’s call it January 6… all the nonsense, it got significantly worse,” he said, referring to the deadly mob of his father’s supporters who stormed the Capitol in an attempt to overturn the 2020 presidential election results.

Read more: https://www.independent.co.uk/news/world/americas/us-politics/donald-trump-jr-crypto-jan-6-b2806900.html



Outta the mouth of babes.
20 replies = new reply since forum marked as read
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Don Jr says his family got into crypto after banks refused to do business after Jan 6 'nonsense' (Original Post) BumRushDaShow Aug 13 OP
All your father had to do was tell those people to stop "that nonsense" and leave the Capitol, tanyev Aug 13 #1
Shenanigans JoseBalow Aug 13 #2
Locker room talk? SomewhereInTheMiddle Aug 14 #16
that might have a grain or two of truth - - (but ONLY those two supposed grains) stopdiggin Aug 13 #3
45 is on the hook for over $88 million for E.Jean Caroll and his org (run by the sons) BumRushDaShow Aug 13 #4
Whiny spoiled sniffer boy is old enough to have figured out bad practices have consequences. Attilatheblond Aug 13 #5
Difficulty in getting loans couldn't have been because Trump defrauded banks? muriel_volestrangler Aug 13 #6
started long before - and in all likelihood, had very little or nothing to do with Jan 6th riots. stopdiggin Aug 13 #8
Surprisingly honest response. Buddyzbuddy Aug 13 #7
IOW, they couldn't get honest loans, so..... lastlib Aug 13 #9
The poor boy was forced into a life of crime. thought crime Aug 13 #10
jan 6 nonsense . hem AllaN01Bear Aug 13 #11
Con Jr is more like it. cstanleytech Aug 13 #12
Having trump involved is not exactly the "it's safe" charade crypto is trying to prop up PSPS Aug 13 #13
The nonsense is the drumph family Clouds Passing Aug 13 #14
Boo fucking hoo. Try not to overthrow the fucking government, then. Karasu Aug 14 #15
Not The Years Of Fraudulent Valuations of Properties To Secure Massive Loans? DrFunkenstein Aug 14 #17
And who trust what don Jr. says ? republianmushroom Aug 14 #18
The fact that your family has crooked business practices had nothing to do with it. mdbl Aug 14 #19
The banks were correct. Fuck Donald Trump and his J6 idiots. Initech Aug 14 #20

tanyev

(47,792 posts)
1. All your father had to do was tell those people to stop "that nonsense" and leave the Capitol,
Wed Aug 13, 2025, 06:54 PM
Aug 13

order military reinforcements if they didn’t, and voluntarily concede the election and leave the White House. He couldn’t bring himself to do any of that, and THAT’S why no one wanted to do business with him.

16. Locker room talk?
Thu Aug 14, 2025, 06:26 AM
Aug 14

Boys will be boys?

Tourists on a family day in DC?

A day that will in infamy?

None of the above?

stopdiggin

(14,408 posts)
3. that might have a grain or two of truth - - (but ONLY those two supposed grains)
Wed Aug 13, 2025, 07:01 PM
Aug 13

The greater truth being - Trump's problem(s) with obtaining credit far precede ... (and are fairly well documented)

And, isn't Donnie Jr. also on record as saying that Russian lending became a factor .. ? Again, long, long before .. ?

BumRushDaShow

(160,228 posts)
4. 45 is on the hook for over $88 million for E.Jean Caroll and his org (run by the sons)
Wed Aug 13, 2025, 07:12 PM
Aug 13

is on the hook for that $355 million civil fraud (accruing interest every day) - Here’s a look inside Donald Trump’s $355 million civil fraud verdict

So no (legit) bank would ever want to do business with them.

Attilatheblond

(7,263 posts)
5. Whiny spoiled sniffer boy is old enough to have figured out bad practices have consequences.
Wed Aug 13, 2025, 07:35 PM
Aug 13

It's amazing how many well off white guys have never learned to accept that bad behavior can bring bad results.

muriel_volestrangler

(104,730 posts)
6. Difficulty in getting loans couldn't have been because Trump defrauded banks?
Wed Aug 13, 2025, 07:48 PM
Aug 13
New York v. Trump is a civil investigation and lawsuit by the office of the New York Attorney General alleging that individuals and business entities within the Trump Organization engaged in financial fraud by presenting vastly disparate property values to potential lenders and tax officials, in violation of New York Executive Law § 63(12). The defendants were Donald Trump, five other individuals including three of his children, and ten business entities including some that owned property in New York, Florida, and Chicago. The trial took place from October 2023 to January 2024. As a result of the trial, presiding judge Arthur Engoron ordered the defendants to disgorge a total of US$364 million of ill-gotten gains, among other penalties.

https://en.wikipedia.org/wiki/New_York_business_fraud_lawsuit_against_the_Trump_Organization

And defrauded the government on taxes, in a separate case?
A jury in New York has found two Trump Organization companies guilty on all charges of tax fraud and other crimes. The verdict on 17 criminal counts was announced in court Tuesday afternoon.

The jury began deliberations Monday around noon, after testimony and closing arguments wrapped up in the six-week trial.

The two Trump Organization companies, called the Trump Corporation and Trump Payroll Corporation, were indicted in July 2021, along with the company's longtime chief financial officer, Allen Weisselberg, and accused of using a variety of methods to reduce payroll liability from executive salaries through untaxed bonuses and luxury perks worth millions.

https://www.cbsnews.com/news/trump-organization-trial-verdict-tax-fraud-charges/

No, no, they must have been fine with that. It's not that more and more banks realised what con artists he and his spawn are. It has to be some political persecution.

stopdiggin

(14,408 posts)
8. started long before - and in all likelihood, had very little or nothing to do with Jan 6th riots.
Wed Aug 13, 2025, 08:27 PM
Aug 13

(Not that Donnie Jr has any idea at all ... About pretty much anything under the sun .. )
(But then - why would anyone be asking this mope ... About anything more complex than brushing his teeth in the morning .. ? )

Buddyzbuddy

(1,472 posts)
7. Surprisingly honest response.
Wed Aug 13, 2025, 08:15 PM
Aug 13

The con men had to join the big con to recover from their failures. "They got no place else to go".

lastlib

(26,707 posts)
9. IOW, they couldn't get honest loans, so.....
Wed Aug 13, 2025, 09:12 PM
Aug 13

they resorted to fraud and money laundering. Or, BAU* in tRumpworld.....

(*"Business As Usual&quot

DrFunkenstein

(8,832 posts)
17. Not The Years Of Fraudulent Valuations of Properties To Secure Massive Loans?
Thu Aug 14, 2025, 09:46 AM
Aug 14

Tends to make lenders nervous. But I guess leading terrorist attacks will do the trick.

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