<ul><li>President Donald Trump was duped into endorsing XRP, Solana, and Cardano for a Strategic Crypto Reserve, unaware that the move benefited Ripple Labs, a client of lobbyist Brian Ballard.</li><li>The incident took place at Mar-a-Lago where a Ballard Partners staffer convinced Trump to post in support of specific digital assets on Truth Social, causing immediate backlash when it was discovered that Ripple was on Ballard's client list.</li><li>Following Trump's XRP endorsement post, White House officials reacted with anger, freezing Ballard out of future meetings and reiterating support for Bitcoin and Ethereum as well.</li><li>Ripple's prior ties to Trump, through donations and political contributions, raise questions about the motivation behind XRP's promotion, ultimately leading to the establishment of a federal Digital Asset Stockpile, contrasting the earlier suggested Crypto Strategic Reserve.</li></ul>

Trump Duped Into Endorsing XRP For Crypto Reserve: Here’s How

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