On May 9, according to Politico, Trump posted on Truth Social on March 2 about "advancing a cryptocurrency strategic reserve including XRP, SOL, and ADA," which was actually pushed by the lobbyist Ballard Partners without Trump's knowledge, and Ballard has been "expelled" from the White House.
According to informed sources, the White House "cryptocurrency czar" David Sacks was furious within minutes of the president's post, and White House officials quickly realized that Ballard, the XRP lobbyist mentioned on "Truth Social," was their client. Informed sources revealed that after the cryptocurrency post was exposed, White House staff were instructed not to meet with Ballard. However, those close to Trump expressed dissatisfaction with Ballard that went beyond this, with some White House officials believing that Ballard was exploiting Trump's reputation for personal gain. Politico reviewed Ballard's invitations to Trump fundraising events and phone records with senior Trump administration officials since the March incident, showing evidence that Ballard had not been cut off from the White House.