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Forums › IDOs, Launchpads & Early-Stage Investing › Trump feels manipulated after learning that his XRP post was pushed by a lobbyist linked to ripple
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Trump was manipulated by a Ripple Labs-linked lobbyist to endorse XRP, Solana, and Cardano for a US cryptographic reserve according to Politico. Despite the controversy, Ballard Partners gained 130 new clients generating $14 million in Q1 2025. Trump banned the firm’s founder, Brian Ballard, from further involvement after feeling deceived. A report suggests Trump’s remarks were orchestrated without full disclosure, causing concerns about potential influence. A subsequent executive order established a bitcoin reserve financed by seized cryptographic assets. Treasury manages the assets, possibly including XRP.
https://altcoin.observer/trump-feels-manipulated-after-learning-that-his-xrp-post-was-pushed-by-a-lobbyist-linked-to-ripple/
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