Ripple co-founder and crypto billionaire Chris Larsen is stepping up his political spending in the United States, according to disclosure data cited by ChainCatcher. During the current midterm election cycle, Larsen has directly donated at least $22.5 million to federal candidates and super PACs, with plans to increase that amount further. The report said Larsen has already become one of the more significant donors in U.S. federal politics. His policy interests span artificial intelligence, clean energy, cryptocurrency and taxes on the wealthy. ChainCatcher also noted that Larsen has previously been an active political donor across the U.S. technology and crypto sectors. The disclosure adds to a broader picture of crypto-linked figures taking a more visible role in U.S. political funding.
Ripple co-founder and crypto billionaire Chris Larsen is increasing his involvement in U.S. politics, according to ChainCatcher.
Disclosure data shows that during the current midterm election cycle, Larsen has directly donated at least $22.5 million to federal candidates and super PACs. He also plans to raise that level of spending further.
The report said Larsen is now one of the more important donors in U.S. federal politics. His areas of focus include artificial intelligence, clean energy, cryptocurrency and taxes on the wealthy. ChainCatcher added that he has previously been an active political donor in the U.S. technology and crypto sectors.
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