President Trump’s attorneys filed a $5 billion — with a “B” — lawsuit against JPMorgan Chase and its CEO Jamie Dimon for “debanking” Trump in early 2021.
The lawsuit says that on February 19, 2021, Trump received notice, “without warning or provocation,” that several of his and his company’s bank accounts would be closed “just two months later, on April 19, 2021.”
“In essence, JPMC debanked plaintiff’s accounts because it believed that the political tide at the moment favored doing so,” the lawsuit claims. “In addition to the considerable financial and reputational harm that Plaintiffs and their affiliated entities suffered, JPMC’s reckless…
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