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Trump’s Crypto Posts on Truth Social Aren’t What They Seem

A POLITICO story has revealed how a Washington lobbyist has been iced out of the White House for angering Donald Trump — but it also illustrates the president’s approach to dictating crypto policy.

Back in March, you’ll remember how an out-of-the-blue post on Truth Social announced that the U.S. was planning to create a “crypto strategic reserve” that consisted of altcoins including XRP, Solana and Cardano.

All three of these digital assets surged dramatically on the news, with Trump later adding that Bitcoin and Ether would be at the heart of the reserve. Written on a Sunday, it took the crypto markets by surprise.

Well, we’ve now learned that this post can be linked to Brian Ballard, who runs a lobbying firm representing dozens of clients. Why? Because one of his employees had given the president a copy of the message he should write.