$XRP

Trump Encounters Lobbying Trap, Announces Cryptocurrency

Reserve Plan and Becomes Furious

According to a report by Politico on May 8,

U.S. President Trump was manipulated by a lobbyist

associated with Ripple Labs, announcing that $XRP tokens

would be included in his national cryptocurrency reserve plan.

The report pointed out that an employee of pro-Trump lobbyist Brian Ballard

provided the president with the text of a social media post,

suggesting he announce that the U.S. would establish a strategic cryptocurrency reserve

that includes $XRP, Solana, and Cardano.

On March 2, Trump posted this information on his social media platform Truth Social:

"The U.S. cryptocurrency reserve will enhance

this critical industry, freeing it from years of corruption attacks by the Biden administration,

which is why my digital asset executive order directs

the presidential task force to advance a strategic reserve of cryptocurrencies, including $XRP, $SOL, and $ADA.

I will ensure that the U.S. becomes

the global capital of cryptocurrency."

However, according to Politico, two individuals familiar with the matter revealed

that Trump only learned after posting that Ripple was one of Ballard's clients,

which made the president feel angry, believing he had been used.

The report quoted Trump as saying:

"He (Ballard) is no longer welcome to participate in any matters."

Following this incident, Ballard quickly became an "unwelcome figure" in the West Wing.