{"id":17962,"date":"2024-10-22T10:24:19","date_gmt":"2024-10-22T07:24:19","guid":{"rendered":"https:\/\/forklog.com\/en\/ripple-co-founder-donates-10-million-in-xrp-to-support-kamala-harris\/"},"modified":"2024-10-22T10:24:19","modified_gmt":"2024-10-22T07:24:19","slug":"ripple-co-founder-donates-10-million-in-xrp-to-support-kamala-harris","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ripple-co-founder-donates-10-million-in-xrp-to-support-kamala-harris\/","title":{"rendered":"Ripple Co-Founder Donates $10 Million in XRP to Support Kamala Harris"},"content":{"rendered":"<p>Ripple co-founder Chris Larsen has contributed $10 million in XRP tokens to a political action committee (PAC) backing Democratic presidential candidate Kamala Harris.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">It&#8217;s time for the Democrats to have a new approach to tech innovation, including crypto. I believe <a href=\"https:\/\/twitter.com\/KamalaHarris?ref_src=twsrc%5Etfw\">@KamalaHarris<\/a> will ensure that American technology dominates the world, which is why I\u2019m donating $10M in XRP in support of her. <a href=\"https:\/\/t.co\/vb9KJA87JK\">https:\/\/t.co\/vb9KJA87JK<\/a><\/p>\n<p>\u2014 Chris Larsen (@chrislarsensf) <a href=\"https:\/\/twitter.com\/chrislarsensf\/status\/1848405676776952186?ref_src=twsrc%5Etfw\">October 21, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIt\u2019s time for Democrats to develop a new approach to technological innovation, including cryptocurrency. I believe Kamala Harris will ensure American technology dominates globally,\u201d the entrepreneur stated.<\/p>\n<\/blockquote>\n<p>In September, the politician began fundraising for her presidential campaign in digital assets through the cryptocurrency exchange Coinbase.<\/p>\n<p>In October, it was revealed that Larsen transferred $1 million in XRP to the PAC Future Forward in support of Harris.<\/p>\n<p>According to <a href=\"https:\/\/www.fec.gov\/data\/raising-bythenumbers\/\">data<\/a> from the Federal Election Commission, the current Vice President significantly outpaces Republican candidate Donald Trump in total funds raised \u2014 $679 million compared to $313 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Raising-by-the-numbers-FEC-Google-Chrome.webp\" alt=\"Raising-by-the-numbers-FEC-Google-Chrome\" class=\"wp-image-243629\"\/><figcaption class=\"wp-element-caption\">Data: Federal Election Commission.<\/figcaption><\/figure>\n<p>Previously, Harris promised to \u201cencourage\u201d cryptocurrencies, while Trump <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-declares-himself-the-crypto-president\">declared himself the \u201ccrypto president\u201d<\/a> and expressed intentions to make the U.S. <a href=\"https:\/\/forklog.com\/en\/news\/trump-vows-to-make-america-the-crypto-capital-of-the-world\">the \u201ccrypto capital of the world\u201d<\/a>. However, both avoided the topic of digital assets during debates.<\/p>\n<p>Commenting on Larsen\u2019s donation, Ripple CEO Brad Garlinghouse emphasized the need to end the current administration\u2019s \u201cmisguided war on cryptocurrencies.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">I respect Chris\u2019 (and everyone\u2019s!) right to support whomever they think is best to lead the U.S. <\/p>\n<p>We need to immediately change course from this administration\u2019s misguided war on crypto. <\/p>\n<p>Ripple will continue to engage with both Democrats and Republicans in the final days of\u2026<\/p>\n<p>\u2014 Brad Garlinghouse (@bgarlinghouse) <a href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1848407530458042687?ref_src=twsrc%5Etfw\">October 21, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cRipple will continue to engage with both Democrats and Republicans in the final days of the election campaign (and after the elections) to promote crypto-friendly policies. It\u2019s not about partisan approaches, but about supporting policies that stimulate blockchain and innovation,\u201d the company head stated.<\/p>\n<\/blockquote>\n<p>Back in August, Harris supporters in the crypto industry <a href=\"https:\/\/forklog.com\/en\/news\/crypto-campaign-launched-in-support-of-kamala-harris\">launched the Crypto4Harris campaign<\/a> in her support. Participants in the initiative include billionaire Mark Cuban and SkyBridge Capital founder Anthony Scaramucci.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple co-founder Chris Larsen has contributed $10 million in XRP tokens to a political action committee (PAC) backing Democratic presidential candidate Kamala Harris. It&#8217;s time for the Democrats to have a new approach to tech innovation, including crypto. I believe @KamalaHarris will ensure that American technology dominates the world, which is why I\u2019m donating $10M [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1354,1280,1638,112,26],"class_list":["post-17962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chris-larsen","tag-elections","tag-kamala-harris","tag-ripple","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17962"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17961"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}