XRP | JP Morgan Called Crypto a Scam…Debanked Trump | Trump Sues for $6 Billion artwork
On The Chain - Blockchain and Cryptocurrency News + Opinion

XRP | JP Morgan Called Crypto a Scam…Debanked Trump | Trump Sues for $6 Billion

  • S6E849
  • 1:07:01
  • February 22nd 2026

JPMorgan called crypto a scam for years.

Now the same bank is at the center of a $5 billion lawsuit over alleged debanking.


President Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon, claiming the bank shut down his accounts after January 6. In recent court filings, JPMorgan acknowledged that the accounts were closed — reigniting the national debate around “debanking” and financial access.


Tonight on On The Chain, we break down:


• What JPMorgan admitted in court

• The details of Trump’s $5B lawsuit

• What “debanking” really means

• Why centralized banking power is back in focus

• What this means for XRP and the broader crypto market


For years, crypto advocates — especially the XRP community — have warned about centralized financial control. If access to banking can be removed at will, what does that mean for everyone else?


Is this just a lawsuit… or the beginning of a larger financial power shift?


Let’s break it down.


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