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Ripple Co-Founder Larsen Flooding Kamala Harris’ Election Effort With XRP

cryptovert October 22, 2024 1 min read

“It’s
time
for
the
Democrats
to
have
a
new
approach
to
tech
innovation,
including
crypto,”
he
wrote,
adding
that
Harris
“will
ensure
that
American
technology
dominates
the
world.”


Federal
Election
Commission
records

show
Larsen
had
previously
donated
$1,750,000
to
the
PAC.
He’s
also
given
hundreds
of
thousands
of
dollars
to
Democratic
congressional
campaigns.

While
significant,
his
millions
are
overshadowed
by
the
overall
crypto
industry’s
campaign
involvement,
led
by
the
super
PAC
Fairshake.
That
group’s
$169
million
in
donations
–
primarily
from
Coinbase
Inc.
(COIN),
Ripple
Labs
and
Andreesen
Horowitz
(a16z)
–
has
not
only
dominated
the
crypto
sector’s
election
involvement
but
has
put
it
among
the
biggest
sources
of
campaign
cash
in
the
2024
elections.

Continue Reading

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