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Alpha
Points
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Unified Account
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Futures Kickoff
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CandyDrop
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Launchpool
Quick staking, earn potential new tokens
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Hold GT and get massive airdrops for free
Launchpad
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Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
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Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
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Gate Blog
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Proof of Reserves
Gate promises 100% proof of reserves
Eric Trump Claims Major U.S. Banks Shut Down Hundreds of His Accounts, Shifts Focus to Cryptocurrency
In a recent FOX interview on August 14, Eric Trump revealed that several prominent U.S. financial institutions—including Capital One, JPMorgan Chase, Bank of America, and First Republic Bank—terminated hundreds of his accounts without providing any prior notification. The unexpected account closures prompted the Trump family member to explore cryptocurrency as an alternative financial avenue.
According to Eric Trump’s account, the abrupt action taken by these major banking institutions left him with limited options within the traditional financial system. The sweeping account terminations across multiple banks underscores growing tensions between financial institutions and politically connected individuals.
Facing restrictions from conventional banking channels, Eric Trump has now turned his attention toward cryptocurrency, viewing digital assets as a viable solution to circumvent the limitations imposed by traditional banks. This move highlights broader concerns about financial deplatforming and the role that decentralized finance could play in such scenarios.