In a remarkable turn of events, the political campaign of Kamala Harris has received over 1 million XRP as donations.
This development came to light on Friday and has been confirmed by CNBC and FOX Business News. The substantial donation in XRP tokens, which will finance the reelection of an administration that has faced criticism from crypto holders—particularly XRP investors—has raised significant eyebrows in the crypto community.
Ironically, the donation came from Chris Larsen, co-founder and chairman of Ripple, according to new FEC filings. The filing revealed that Larsen contributed $1 million in XRP tokens to a prominent super PAC backing Kamala Harris. Specifically, he donated 1,754,815.29 XRP to Future Forward USA to support Harris’ campaign. It is worth noting that the donation was received in August, but documentation of this action only became public yesterday. The receipt indicated that the donated XRP tokens were not liquidated but retained in their original form when Larsen made the payment.