Former President Trump Sues JPMorgan and CEO Jamie Dimon Over Account Closures

2026/01/23 09:13 (Updated 2026/01/23 10:01)
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Written by L.Kikutani
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Former President Trump Sues JPMorgan and CEO Jamie Dimon Over Account Closures

Lawsuit Over Bank Account Closures

On the 23rd, former President Donald Trump filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon, alleging that the closure of his and his affiliated businesses' bank accounts in early 2021 was politically motivated, as reported by CNBC among others. He is seeking at least $5 billion in damages. The account closures occurred in January 2021, following the assault on the Capitol on January 6 and Trump's departure from office after losing the election to former President Joe Biden.

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MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.