Ripple CTO David Schwartz defends Fairshake PAC against accusations of partisanship.
Schwartz criticizes both major U.S. political parties while commenting on Chris Larsen’s donations to Kamala Harris.
Larsen has contributed over $11.8 million to fund Harris’s campaign.
On October 22, Ripple CTO David Schwartz addressed criticism surrounding Fairshake PAC, a group funded by Ripple and other pro-crypto contributors. He clarified the PAC’s approach of supporting both Democratic and Republican candidates, aiming to encourage a more crypto-friendly environment, rather than aligning with any political party.
He explained that the PAC’s goal is to encourage parties to shift their positions rather than to support any particular party.
The overall strategy focuses on ensuring that political candidates are pro-crypto to create a favorable regulatory environment rather than concentrating on party affiliation.
Schwartz Weighs in on Chris Larsen’s Support for Kamala Harris
Amid the conversation, X user Mortimer inquired about Schwartz’s view on Ripple’s chairman Chris Larsen’s alignment with Democrats.
“I’m sympathetic. Trump is incompetent and s…
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