Erebor Bank will strictly follow US law and ignore foreign legal rulings
Palmer Luckey · Palmer Luckey: Why I Started My Own Bank · Feb 20, 2026 · at 5:36
Palmer Luckey contrasts Erebor Bank with global banks beholden to European and Chinese regulatory jurisdictions.
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“We're saying, you know what, we're an American company, we're an American bank that supports American companies. And we will comply with US law, but we will not comply with spurious rulings from people who have no real jurisdiction or authority over us.”
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