Donald Trump

Million

<p>Ripple Chairman Chris Larsen has made headlines by donating 1754815.29 XRP worth around ($1 million) to Kamala Harris’s presidential campaign. This donation is noteworthy as it is the first time Harris has received a contribution in cryptocurrency. Larsen has now given more than $1.9 million to support Harris as she runs for president in the 2024 election.</p>   
<h2 class="wp-block-heading" id="h-ripple-larsen-donates-1-mln-to-kamala-nbsp">Ripple’ Larsen Donates $1 Mln To Kamala&nbsp;</h2>   
<p>According to the Federal Election Commission (FEC) disclosures, Chris Larsen made his $1 million donation in the form of crypto (1754815.29 XRP) to Future Forward USA, a prominent super PAC that supports Harris’s campaign. Currently, Future Forward PAC holds over $200 million, as reported by Open Secrets.</p>   
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<p>Larsen’s donation reflects Ripple's strong support for Harris, setting it apart from other companies that usually back candidates who favor pro-crypto regulations. However, it’s important to note that Harris has not yet clearly stated her views on cryptocurrencies.</p>   
<p>This donation comes during a challenging time for Ripple, as the company <a href="https://coinpedia.org/news/ripple-vs-sec-why-is-the-sec-still-calling-xrp-a-security/" target="_blank" rel="noreferrer noopener">continues its legal battle</a> with the U.S. Securities and Exchange Commission (SEC). The SEC has accused Ripple of selling XRP as an unregistered security, a claim that has been ongoing since 2020.&nbsp;</p>   
<p>Although a <a href="https://coinpedia.org/news/ripple-ceo-criticizes-u-s-sec-is-sec-above-the-law/" target="_blank" rel="noreferrer noopener">recent court ruling stated that XRP</a> is not a security, the legal case is still open, with both Ripple and the SEC appealing the decision.</p>   
<h3 class="wp-block-heading" id="h-support-from-business-leaders">Support from Business Leaders</h3>   
<p>Larsen's support for Harris is part of a larger trend, as many business leaders are engaging more in politics. In September, a letter was signed by 88 business executives, including notable names like Box CEO Aaron Levie and former 21st Century Fox CEO James Murdoch, endorsing Harris for president.&nbsp;</p>   
<p>This reflects a growing interest in how political decisions can impact the future of cryptocurrency regulations.</p>   [post_titles_links postid="365053"]   
<h2 class="wp-block-heading" id="h-election-predictions-who-s-leading">Election Predictions: Who’s Leading</h2>   
<p>As the 2024 election approaches, <a href="https://polymarket.com/elections" target="_blank" rel="noreferrer noopener nofollow">Polymarket prediction suggests</a> a competitive race. However, Donald Trump is seen as having a 55.1% chance of winning, while Kamala Harris has a 44.4% chance.&nbsp;</p>   
<p>Meanwhile, the outcome of this election could significantly affect the direction of cryptocurrency regulation in the U.S. </p>

Ripple’s Chris Larsen 1.75 Million XRP To Kamala Harish, What’s The Motive

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