JPMorgan Admitted Closing 50 Trump Accounts Following Capitol Riot

JPMorgan Chase admitted to closing more than 50 bank accounts belonging to Donald Trump and the Trump Organization in February 2021 following the attack on the US Capitol.This revelation emerged during a $5B lawsuit filed against the financial institution and its CEO Jamie Dimon for alleged political debanking.Donald Trump further accuses the bank of trade libel and attempting to blacklist him from the financial sector while JPMorgan Chase seeks to move the case to New York.