BlockBeats news, on May 9, according to Politico, Trump posted on Truth Social on March 2 about 'advancing a strategic reserve of cryptocurrencies including XRP, SOL, and ADA', which was actually driven by lobbyist Ballard Partners, and Trump himself was not aware of it; lobbyist Ballard has been 'expelled' from the White House.
According to informed sources, just minutes after the president's post, the White House 'crypto czar' David Sacks became furious, and soon White House officials realized that the XRP mentioned in 'Truth Social' was a client of lobbyist Ballard. Informed sources revealed that after the post was exposed, White House staff were instructed not to meet with Ballard. However, those close to Trump indicated that dissatisfaction with Ballard goes much deeper; some White House officials believe that Ballard is exploiting Trump's name for profit. Politico reviewed the invitations to Trump fundraising events that Ballard received, as well as the call logs he had with senior officials in the Trump administration since the March incident, and evidence suggests that Ballard has not severed ties with the White House.
