Ripple co-founder donates $1 million XRP to Kamala Harris campaign PAC

https://cryptobriefing.com/ripple-larsen-xrp-donation/

11 Comments

  1. “This contribution marks the first crypto donation to Harris’ campaign, as reported by Fox Business. Future Forward PAC, which accepts crypto donations through Coinbase Commerce, automatically converts contributions into the stablecoin USDC to minimize volatility.”

    “According to Federal Election Commission filings, the donation, made on August 14, was provided in the form of 1.7M XRP tokens.”

  2. tldr; Ripple co-founder Chris Larsen donated $1 million in XRP tokens to Future Forward PAC, supporting Vice President Kamala Harris’ presidential campaign. This marks the first crypto contribution to Harris’ campaign. The PAC, which accepts crypto donations via Coinbase Commerce, converts them to USDC to reduce volatility. The donation comes amid Ripple’s legal battle with the SEC and highlights the growing role of crypto in political discourse as the 2024 election approaches.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  3. I’m sure this has nothing to do with influencing the SEC in anyway. In a better world we would be able to get money out of politics.