💥Ripple co-founder spends more money: donates $10 million worth of XRP to support Harris' campaign🌊
Chris Larsen, co-founder of Ripple Labs, has recently made a big donation, donating $10 million worth of XRP to the campaign of Democratic presidential candidate Kamala Harris!
This is not a small amount. Together with the $1 million in XRP he donated to Future Forward, a super political action committee (PAC) supporting Harris, Larsen's support for Harris can be said to be a big investment.
In response, Larsen posted on social media X that he believes Harris can keep the United States' technology leading the world, which is why he donated so much XRP to support her.
In fact, Larsen's support for Harris has long begun. Earlier this year, he donated $6,600, and later donated $100,000. Now he has added this $10 million in XRP.
Meanwhile, Ripple executives have donated a total of about $11.9 million to support Harris, including direct donations and donations through PACs.
Although Larsen supports Harris so much, his actions are all in the context of the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC).
This lawsuit is a major event in the cryptocurrency industry. Many people hope that the Biden administration will reform regulations and replace the leadership of the SEC, and Harris has great decision-making power in this regard.
Although Harris has not publicly stated that he wants to replace SEC leader Gary Gensler, Larsen is still optimistic that Harris can bring a more pragmatic approach and clear rules to the crypto industry.
Ripple CEO Brad Garlinghouse also expressed concerns about SEC Chairman Gary Gensler, believing that his radical stance is helping foreign competitors and undermining the interests of the U.S. crypto industry.
However, Garlinghouse also said that everyone has the right to support the candidate they think is most suitable, and Ripple and bipartisan cooperation are conducive to promoting a policy environment friendly to blockchain and cryptocurrency innovation.
👉 It seems that the world of cryptocurrency and politics are becoming increasingly connected. We in the cryptocurrency world should also pay more attention to these major events, as they may affect our investment decisions and future returns!
