Foreign media: The lobbyist who urged Trump to tweet "include XRP, SOL, and ADA in strategic reserves" has been expelled from the White House

2025-05-09 00:19:50

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ChainCatcher news, according to Politico, Trump posted on Truth Social on March 2, stating "will advance a cryptocurrency strategic reserve including XRP, SOL, and ADA," which was actually driven by the lobbyist Ballard Partners, and Trump himself was unaware. The lobbyist Ballard has been "ousted" from the White House.

According to insiders, just minutes after the president's post, the White House's "cryptocurrency czar" David Sacks became furious, and soon White House officials realized that the XRP mentioned in "Truth Social" was a client of lobbyist Ballard. Insiders revealed that after the post about cryptocurrency was exposed, White House staff were instructed not to meet with Ballard.

However, those close to Trump indicated that the dissatisfaction with Ballard goes far beyond this; some White House officials believe Ballard is profiting from Trump's reputation. Politico reviewed the invitations to Trump fundraising events received by Ballard, as well as his call records with senior officials in the Trump administration since the March incident, and evidence suggests that Ballard has not severed ties with the White House.

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