Ripple co-founder and chairman Chris Larsen has given at least $22.5 million to federal candidates and super PACs during the current U.S. election cycle, according to Techub News. The report said Larsen plans to expand his political spending, with his donations tied to issues including crypto, AI safety, and clean energy. After crypto industry super PAC Fairshake said it planned to spend $30 million against Sherrod Brown, Larsen personally directed $4 million to Brown’s camp and criticized Fairshake’s decision. The report also said Ripple has contributed $48 million to Fairshake in this cycle, making the company one of the group’s main backers. The item was attributed to Wu Blockchain in the source text.
Ripple co-founder and chairman Chris Larsen has donated at least $22.5 million to federal candidates and super PACs in the current U.S. election cycle, according to Techub News. The report said he also plans to increase his political spending, with a focus on issues including crypto, AI safety, and clean energy.
After crypto industry super PAC Fairshake announced plans to spend $30 million against Sherrod Brown, Larsen personally put $4 million into Brown’s camp and criticized Fairshake’s decision.
The report added that Ripple has contributed $48 million to Fairshake during this cycle, making it one of the organization’s main funders.
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