Coin

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 <li>Chris Larsen’s XRP donation to VP Kamala Harris sparks debate amid Ripple SEC lawsuit.</li>
 <li>Legal experts question if the donation will impact SEC’s stance on Ripple’s case.</li>
 <li>The XRP community criticizes Larsen’s donation, seeing it as a potential complication.</li>
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Ripple co-founder Chris Larsen’s donation of XRP to U.S. Vice President Kamala Harris has raised concerns within the crypto community. This comes alongside Ripple facing a lawsuit from the U.S. Securities and Exchange Commission (SEC). Many are now wondering whether this donation could have any impact on the ongoing legal case.
The SEC has previously indicated that it does not consider XRP to be a security, but questions are being raised about whether <a href="https://coinedition.com/messari-founder-declares-xrp-dead-amid-ripple-founders-10m-xrp-donation-to-harris-campaign/" rel="noopener noreferrer nofollow">Larsen’s donation</a> could still influence the case. Some legal experts suggest that the process of converting XRP into fiat currency might require SEC oversight.
Pro-XRP lawyer Bill Morgan commented that the SEC has not made judgments on XRP donations, arguing that these transactions do not represent investment contracts. Some experts believe that Larsen’s contribution is separate from the Ripple case.
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The post <a href="https://coinedition.com/crypto-politics-ripple-co-founders-10m-xrp-gift-to-kamala-harris-campaign-stirs-controversy/" rel="noopener noreferrer nofollow">Crypto Politics: Ripple Co-Founder’s $10M XRP Gift to Kamala Harris Campaign Stirs Controversy</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Politics: Ripple Co-Founder’s $10M XRP Gift to Kamala Harris Campaign Stirs Controversy

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