Donald Trump Puts Lobbyist on Blacklist for Promoting XRP

Donald Trump blacklisted Brian Ballard in March 2025 for orchestrating an XRP promotional scheme through a manipulated post on Truth Social. This incident highlights the power of lobbying in politics and its potential influence on high-level decision-making. Trump Puts Brian Ballard On The Blacklist Due To Relationship With XRP In March 2025, Donald Trump blacklisted Brian Ballard after a staged XRP cryptocurrency promotion was posted on Truth Social. Trump felt that Ballard, who had ties to Ripple Labs, was manipulating him. "A U.S. cryptocurrency reserve fund will enhance this vital industry after years of attacks on corruption by the Biden administration, which is why my executive order on digital assets directs the president's working group to conduct a strategic cryptocurrency reserve fund that includes XRP, Solana, and Cardano." Ballard Partners faces being excluded from Trump's political circle. This decision was made following a deleted post suggesting a U.S. cryptocurrency reserve fund that includes XRP, Solana, and Cardano, causing much controversy. There is no direct impact on the XRP market from the blacklist. The XRP market did not suffer clear consequences from the blacklist. Despite Trump's actions against Ballard, no official moves against the XRP token were observed in the context of regulation or trading. The implications of the ban highlight the potential political risks in the cryptocurrency sector, as the interaction between lobbyists and political figures can lead to unpredictable outcomes for digital assets. Rare Political Blacklists Related to Promoting Cryptocurrency Previous lobbying activities have influenced high-level political actions, but public blacklists for promoting cryptocurrencies are relatively rare. Similar incidents include complaints affecting market perception, rather than official bans. Experts believe that it is necessary to continue monitoring as Ripple's political relationships and donations for Trump's purposes may reveal further political moves or changes in lobbying that could affect digital currency policy. "He is no longer welcome in anything," referring to Brian Ballard, not XRP itself.