Donald Trump was maneuvered by a Ballard employee into endorsing Ripple’s XRP, believing it was for a wider crypto strategy. This misleading support resulted in Trump severing ties with Ballard due to reputational damage from the incident.
David Sacks, Trump’s advisor on crypto policy, expressed anger over the incident, highlighting its repercussions for Trump’s crypto projects. Following the uproar, Trump’s aides confronted Ballard, suspecting he exploited his connections to gain favor and promote XRP.
Leave a Reply