Imagine banks refusing to work with certain companies! That's what's happening to some businesses, including the Trump Organization and some cryptocurrency companies. The Trump Organization is suing Capital One for closing their accounts. This is part of a bigger problem called 'debanking,' where banks stop doing business with companies for reasons some see as unfair.
- The Trump Organization sued Capital One for closing over 300 accounts.
- This is related to a wider issue called 'debanking,' where banks stop working with companies.
- Some believe this 'debanking' targets certain tech and crypto companies.
- Experts hope this lawsuit might uncover more information about why this is happening.
Fact | Details |
---|---|
Number of accounts closed | Over 300 |
Company Suing | Trump Organization |
Bank Sued | Capital One |
Potential Outcome | More information about debanking practices |