Former US President Donald Trump, after a social media sharing on digital asset markets, allegedly terminated his relationship with the lobby company Ballard Partners, whom he thought was directed. According to Politico, Trump’s decision was reported to be effective for the lobby company to recommend that an employee persistently share a certain message to him.
Critical sharing and background
In early March, Donald Trump announced that he mobilized to form a crypto strategic reserve covering the Presidential Digital Asset Markets Group, XRP, Sol and Ada through his social media platform Truth Social. This sharing aroused a wide range of repercussions in digital communities and political circles.
Politico’nun reports based on two sources, this sharing was made by one of the Ballard Partners employees by pressing the message in Mar-a-lago by pressure on Trump more than once. Allegedly, the employee gave the text to Trump directly.
Tension in relationships
After sharing, Trump felt used after action with such a guidance, and the Ripple behind Ballard Partners, XRP $2.40He also noticed that he was a customer. Although Ripple advocates the independence of the digital being, it continues to hold a significant portion of the total supply of XRP.
According to Trump’s immediate surroundings, a clear attitude was taken against Brian Ballard, the president of Ballard Partners, and Trump gave a clear message that Ballard was no longer requested in any environment. According to Politico sources, Trump said, “no more desired anywhere”.
Reactions and next steps within the management
According to Politico, David Sacks, the White House’s crypto advisor, was also uncomfortable with the crypto strategic reserve sharing and conveyed his reaction with Trump’s Secretary General Susie Wiles. A few sources from the administration environment reported that the issue caused tension in the White House.
Trump, after his first sharing, published another message, and his two biggest digital assets were valued positively and said that BTC and ETH would be on the reserve. In this message, he himself is Bitcoin 
$103,592.29 and Ethereum 
$2,397.72He said he loves it.
Trump, Truth Social sharing: “And of course BTC and ETH will be in the heart of the reserve as other valuable digital assets. I love Bitcoin and Ethereum!” he said.
These developments in recent days draw attention to the interaction of policy, financial and lobbying activities in terms of Turkish and world digital asset markets. Crypto asset reserve proposal, while discussing different interests of many actors on the table, the relations of the senior officials of lobby companies and politicians have gained a new dimension of discussion. While the position of digital assets in the financial ecosystem becomes more controversial with such developments, leaders’ discourses and decisions can have a direct impact on the sector.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
