[Capital One Counters Trump Lawsuit: Account Closure Due to Anti-Money Laundering Review, Requests Dismissal of Lawsuit] According to *Fortune*, Capital One stated in the latest court filings that the closure of Trump-related accounts in 2021 was based on anti-money laundering (AML) reviews and banking regulatory requirements, and has requested the court to dismiss the lawsuit filed by Trump. The lawsuit was initiated by Trump's financial holding company shortly after his second presidential term ended. Trump alleged that Capital One illegally closed his accounts for political reasons following the Capitol riot, constituting 'debanking' behavior. Capital One responded that the decision to close the accounts was made after months of analysis and was reviewed by the bank's anti-money laundering team in accordance with internal policies and regulatory guidelines.