Trump files $5 billion lawsuit against JPMorgan over 2021 debanking

Former President Donald Trump has initiated a substantial legal action by filing a $5 billion lawsuit against JPMorgan Chase & Co., claiming that the bank engaged in wrongful actions related to his debanking in 2021. This lawsuit alleges that the financial institution's decision to terminate its banking relationship with him was unfounded and damaging, and it seeks significant monetary compensation for the purported financial losses and reputational harm that Trump believes resulted from the bank's conduct. source: https://www.coindesk.com/policy/2026/01/22/trump-files-usd5-billion-lawsuit-against-jpmorgan-over-2021-debanking