Recent online chatter claims former President Donald Trump "blacklisted" XRP after a controversial social media post. But is there any truth to this, or is it just another crypto rumor? Let’s fact-check it.
What Actually Happened?
On March 2, 2025, Trump posted a statement endorsing a U.S. "crypto strategic reserve" that would include XRP, Solana, and Cardano. He criticized the Biden administration’s crypto policies and vowed to make America the leader in digital assets.
However, the post was deleted within 24 hours, sparking speculation. Reports suggest Trump was misled by lobbyist Brian Ballard—who allegedly has ties to Ripple Labs—into making the announcement. When Trump discovered the connection, he reportedly cut ties with Ballard out of frustration.
Was XRP Really Blacklisted?
Despite the drama, there’s no evidence that Trump took any formal action against XRP. Key points:
- No official ban, executive order, or policy change has been issued against XRP.
- The deleted post appears to be a case of political backlash rather than a regulatory crackdown.
- XRP’s legal status and market performance remain unchanged—Ripple’s recent SEC settlement (fine reduced from $125M to $50M) is unrelated to Trump.
Why the Confusion?
- Political Missteps: Trump’s quick deletion fueled conspiracy theories, but it was likely just a reaction to being used for lobbying.
- Crypto’s Polarizing Politics: The incident highlights how crypto projects navigating Washington can backfire if perceived as manipulative.
Expert Reaction
Prominent XRP attorney Bill Morgan mocked the blacklist claims, sarcastically tweeting:
"You are on top of things. The SEC agreed for the fine to be reduced from $125 million to $50 million... Yep, Trump is furious."
Final Verdict: False
Trump did NOT blacklist XRP. The rumor stems from a deleted social media post and internal political friction—**not an actual ban**. XRP remains unaffected, and the market continues to trade it normally.
This situation does, however, show how crypto, politics, and lobbying can create explosive (and often misleading) headlines. Always verify before believing the hype.
Sources: Coinpedia Fintech News, Trump’s deleted post, SEC filings, Bill Morgan’s commentary.
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