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 didnt have a choice but to get into crypto because banks didnt 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 didnt have a choice, the presidents eldest son said on Fox & Friends Wednesday morning while discussing his familys cryptocurrency businesss $1.5 billion digital coin deal.
The Trump familys 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 couldve 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
lets call it January 6
all the nonsense, it got significantly worse, he said, referring to the deadly mob of his fathers 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.

tanyev
(47,792 posts)order military reinforcements if they didnt, and voluntarily concede the election and leave the White House. He couldnt bring himself to do any of that, and THATS why no one wanted to do business with him.
JoseBalow
(8,405 posts)
SomewhereInTheMiddle
(568 posts)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)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)is on the hook for that $355 million civil fraud (accruing interest every day) - Heres a look inside Donald Trumps $355 million civil fraud verdict
So no (legit) bank would ever want to do business with them.
Attilatheblond
(7,263 posts)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)https://en.wikipedia.org/wiki/New_York_business_fraud_lawsuit_against_the_Trump_Organization
And defrauded the government on taxes, in a separate case?
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)(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)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)they resorted to fraud and money laundering. Or, BAU* in tRumpworld.....
(*"Business As Usual"
thought crime
(789 posts)From pretty much the minute he was born.
AllaN01Bear
(27,418 posts)cstanleytech
(27,942 posts)PSPS
(14,928 posts)Clouds Passing
(5,799 posts)Karasu
(2,003 posts)DrFunkenstein
(8,832 posts)Tends to make lenders nervous. But I guess leading terrorist attacks will do the trick.
republianmushroom
(21,380 posts)mdbl
(7,376 posts)
Initech
(106,329 posts)