{"id":25913,"date":"2025-05-09T01:16:57","date_gmt":"2025-05-09T01:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25913"},"modified":"2025-05-09T01:16:57","modified_gmt":"2025-05-09T01:16:57","slug":"trump-allegedly-misled-on-xrp-crypto-reserve-post-report-claims","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25913","title":{"rendered":"Trump Allegedly Misled on XRP Crypto Reserve Post, Report Claims"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">President Donald Trump\u2019s newly announced national crypto reserve made headlines fast, and not just because it included big-name tokens like Solana and Cardano. The real chatter started when XRP showed up on the list, kicking off a swirl of speculation about how it got there and whether lobbying had anything to do with it. Insiders say the Trump XRP inclusion wasn\u2019t fully vetted, and the former president felt blindsided once he learned Ripple-linked players were involved.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It was meant to be a forward-looking crypto initiative. Instead, it\u2019s raising questions about how digital assets end up in government strategies and who gets a say behind the scenes.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Rollout<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">On March 2, Trump unveiled plans for a U.S. strategic crypto reserve on his social platform. XRP, SOL, and ADA were named as part of the basket. It was framed as a way to keep America financially competitive in the digital age.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_681d5704e9301\" data-coin-id=\"xrp-xrp\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_681d5704e9301-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_681d5704e9301-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681d5704e9301-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681d5704e9301-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681d5704e9301-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_681d5704e9301-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_681d5704e9301-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_681d5704e9301-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_681d5704e9301-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_681d5704e9301-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_681d5704e9301-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_681d5704e9301-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><b>DISCOVER: <\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><b>Best New Cryptocurrencies to Invest in 2025<\/b><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Markets responded instantly. XRP climbed about 5 percent, hitting $2.29. Traders seemed excited by the perceived government nod, until reports emerged that one of the coin\u2019s biggest backers might have helped shape the announcement.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Trump XRP Drama: Ripple and the Lobbying Angle<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\"><a class=\"general-link\" href=\"https:\/\/www.politico.com\/news\/2025\/05\/08\/ballard-trump-wiles-lobbyist-00333953\" target=\"_blank\" rel=\"nofollow noopener nofollow\">According to Politico<\/a>, a staffer from a lobbying firm tied to Ripple Labs reportedly drafted part of the original message announcing the crypto reserve. If true, that would mean XRP didn\u2019t just earn its <\/span><span data-preserver-spaces=\"true\">spot,<\/span><span data-preserver-spaces=\"true\"> it might have been suggested directly by someone with a stake in the game.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Political bombshell: Trump allegedly tricked into pushing <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XRP<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ADA<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f92f.png\" alt=\"\ud83e\udd2f\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><br \/>Politico reveals lobbyist maneuver behind &#8216;strategic crypto reserve&#8217; post<br \/>Coins up 6-11% as scandal fuels volatility<br \/>When politics meets crypto \u2013 hold on tight <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f3a2.png\" alt=\"\ud83c\udfa2\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2014 Neuscaster (@neuscaster) <a href=\"https:\/\/twitter.com\/neuscaster\/status\/1920567159035482396?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 8, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Sources familiar with the situation say Trump wasn\u2019t happy when he found out. He reportedly cut ties with the lobbyist and made clear that they would no longer participate in anything related to the administration\u2019s crypto plans.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Ripple\u2019s Political Reach<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Ripple Labs has had a visible presence in political circles for some time now. Its Chief Legal Officer, Stuart Alderoty, <a class=\"general-link\" href=\"https:\/\/www.bitget.site\/news\/detail\/12560604293579\" target=\"_blank\" rel=\"nofollow noopener nofollow\">donated over $300,000<\/a> to Trump-aligned PACs during the 2024 campaign. Ripple also gave <a class=\"general-link\" href=\"https:\/\/www.binance.com\/en\/square\/post\/17939960393402\" target=\"_blank\" rel=\"nofollow noopener nofollow\">$5 million worth of XRP<\/a> to the inaugural fund and has been backing Fairshake, a PAC that supports crypto-friendly candidates from both parties.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To be clear, none of this is illegal. Political contributions and lobbying are common in Washington. But the situation has reignited a familiar debate: should private players influence asset selection for public programs?<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9+ Best High-Risk, High-Reward Crypto to Buy in May 2025<\/a>\u00a0<\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Trump XRP Reserve Controversy: The Market\u2019s Reaction<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">At first, many saw XRP\u2019s inclusion as a major win. After all, listing a token in a national reserve sends a strong message to the market. But the excitement cooled once the lobbying reports surfaced. Traders started to ask whether this was a real stamp of approval or just savvy marketing dressed up as policy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Still, XRP held onto most of its gains, suggesting that while the politics may be messy, investor interest hasn\u2019t completely wavered.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Conclusion<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The crypto world just got a glimpse of how tricky things can get when public policy and private influence mix. Trump\u2019s crypto reserve idea is still a headline-grabber, but now it comes with a side of scrutiny.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As governments move closer to adopting digital assets, people will demand clarity, not just about what\u2019s included, but why it matters. And more importantly, who helped make that <\/span><span data-preserver-spaces=\"true\">call.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump\u2019s announcement of a U.S. strategic crypto reserve included XRP, SOL, and ADA, sparking market reactions and political questions.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Reports claim a lobbyist tied to Ripple Labs may have helped draft the announcement, raising concerns over private influence on public policy.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump allegedly cut ties with the lobbyist after learning of their involvement and emphasized distancing the administration from any private sway.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Ripple has a history of political donations and lobbying, including over $300K in contributions and a $5M XRP donation to Trump\u2019s inaugural fund.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Despite the controversy, XRP maintained most of its gains, showing that investor confidence may outweigh the political <\/li>\n<p><\/span><span data-preserver-spaces=\"true\">drama,<\/span><span data-preserver-spaces=\"true\"> for now.<br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/legal\/trump-allegedly-misled-on-xrp-crypto-reserve-post-report-claims\/\">Trump Allegedly Misled on XRP Crypto Reserve Post, Report Claims<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump\u2019s newly announced national crypto reserve made headlines fast, and not just because it included big-name tokens like Solana and Cardano. The real chatter started when XRP showed up on the list, kicking off a swirl of speculation about how it got there and whether lobbying had anything to do with it. Insiders [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25913","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25913"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25913\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}