US President Donald Trump“Crypto money strategic reserve” message shared by Truth Social Ripple $2.38It also aroused an unexpected repercussion with the commemoration of the XRP coin. The share in question caused surprise mobility in Washington backstage, especially the lobby of Brian Ballard’s lobby company. The anger that developed with Trump’s Ripple Labs’s Ballard Partners customer later learning later White Housepushed out. If it is remembered, this sharing at the beginning of March had soon led to tension in the lobbying world.
Ballard’s influence in the White House completely disappeared
In the first week of March, an official working at Ballard’s company called for Trump for a statement on behalf of the sector after the donor event in Mar-A-Lago. The person in question advised the support of the reserve proposal by determining even sentences that would not fall from the language of the president. However, this call that brings to mind XRP RippleWhen he coincided with the fact that Ballard Partners was among his customers, things surrounded.
Trump did not hide his reaction when he learned the situation. “No more hosted” words White House It caused the personnel to prohibit the arrangement of meetings with BALLArd. Thus, the image built by Ballard in a few hours was weakened in a short time, and his relations with West Wing became a dull atmosphere.
The rapid rise and controversial period of Ballard Partners
Ballard PartnersMade a quick entry into the second period of Trump. In the first three months of the year, the company increased the income of more than three times to 14 million dollars compared to last year and added 130 new customers to its portfolio. This meant an impressive performance for the company.
Some circles believe that Ballard made exaggerated promises through the name. Trump’s immediate surroundings claim that the lobby is not only marketing the old relationships, but also inflates its importance. Ballard rejects all the charges and defends himself, saying, “I haven’t tried to swallow my West Wing connections to the customer.” However, the search for alternatives by several major customers has led to the rise of cracked sounds in the company.
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.
