XRP News Today: Trump Aide Discloses XRP, ADA Holdings Amid Crypto Debate

Thomas Thorgersen, Special Assistant to President Donald Trump and Director of the White House Travel Office, has disclosed his holdings in the cryptocurrencies XRP and ADA. According to a financial disclosure filed with the White House, Thorgersen's crypto assets are valued between $1,001 and $15,000 each and are held in a Coinbase wallet. This revelation comes as part of broader discussions about cryptocurrency investments within high-profile political circles.

Prior to his appointment to the White House in January 2025, Thorgersen served as the director of strategic operations for President Trump’s campaign during the 2024 presidential election and also held a position at the Republican National Committee, earning a combined annual salary of $232,000. His disclosure has sparked speculation about the potential influence of cryptocurrency investments on political decisions, particularly in light of the CLARITY Act, which aims to address conflicts of interest related to cryptocurrency investments by public officials.

President Trump himself recently disclosed earnings of over $57.4 million from his crypto project, World Liberty Financial (WLFI), a DeFi venture he backs along with his sons, Donald Jr. and Eric Trump. In his 2025 financial disclosure filed on June 13, Trump reported holding 15.75 billion governance tokens in WLFI, which grants him voting power. Although the exact value of the tokens wasn’t listed, the report states he earned $57 million through token sales. Trump’s filing also mentions past digital ventures like his Trump Digital Trading Cards NFTs, which previously earned him $7 million, including $4 million after taxes. However, he does not seem to have new NFT revenue this year. He also retains executive roles in crypto-linked firms like CIC Digital and CIC Ventures, though those entities are marked as having little or no active income.

Both Trump and Thorgersen certified their filings as “true, complete, and correct,” and all data remains publicly accessible for transparency. This disclosure has raised questions about the potential for cryptocurrency investments to create pathways for corruption or conflicts of interest. Critics have argued that the lack of regulation and transparency in the cryptocurrency market could lead to unethical behavior. However, proponents of cryptocurrency investments point to the potential for significant returns and the disruptive nature of blockchain technology.

The White House's stance on cryptocurrency investments remains unclear, as the administration has not issued a formal statement on the matter. However, the disclosure by Thorgersen and the ongoing debates surrounding the CLARITY Act suggest that cryptocurrency investments will continue to be a topic of discussion within political circles. As the market for cryptocurrencies continues to evolve, it will be important for policymakers to address the potential risks and benefits associated with these investments.