David Sacks, White House crypto adviser, shortly after President Donald Trump posted a message promoting U.S. “Crypto Strategic Reserve” with XRP, Solana and Cardano, told Presidents Chief of staff that it is a bad perception to single out cryptocurrencies for Strategic reserve as per Politico report

Event date

March 2, 2025

Quotes that support claims

Within minutes of the president’s posting, a furious David Sacks — the White House “crypto czar” — called Wiles to complain, according to three people familiar with what occurred. The White House was hosting a crypto summit in Washington the following week, and it looked bad that the president was singling out some companies for praise but not others.

Wiles, who hadn’t been with the president that morning, started working the phones trying to find out what happened. Soon White House officials realized that one of the clients in the Truth Social post was Ballard’s — and that the tweet hadn’t even mentioned Trump’s own budding crypto company.

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Week 10 of 2025