Capital One has told a federal court that the more than 300 accounts it closed for Donald Trump's family business in 2021 went through a months-long anti-money laundering review first. The bank's new filing asks a judge in Miami to throw out the Trump Organisation's 'debanking' lawsuit, which claims the closures punished the family's politics after the Capitol riot of 6 January 2021.
The 23-page motion landed on Friday 31 July in the Southern District of Florida, where Judge Roy Altman must now decide whether the case dies before trial. Capital One had never explained the closures publicly, and says the litigation now forces its hand, a disclosure that first emerged at the weekend.
