Million

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ripple-ceo-brad-garlinghouse-announces-additional-donation-to-fairshake-pac/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple CEO Brad Garlinghouse Announces Additional Donation to Fairshake PAC</a> 
Ripple CEO Brad Garlinghouse recently announced that his company made an additional donation to the pro-crypto political action committee (PAC) Fairshake as part of its preparations for the 2026 midterm elections. This donation highlights Ripple’s commitment to supporting candidates who favor the growth and innovation of the <a href="https://en.coin-turk.com/market-declines-following-geopolitical-tensions-and-regulatory-scrutiny/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> sector.
<h2 id="ripple-contributes-25-million-to-fairshake">Ripple Contributes $25 Million to Fairshake</h2>
In a statement on the X platform, Garlinghouse revealed that Ripple donated an additional $25 million to the Fairshake PAC. He described Fairshake as “the most successful multi-candidate, bipartisan Super PAC in American history.” This contribution aims to maintain the momentum created by Fairshake, which has gained significant traction following recent U.S. elections.
<blockquote>
 “Selecting crypto-friendly, growth-oriented, and innovation-friendly candidates is a clear preference. We are making this contribution to continue the momentum created by Fairshake.” – Garlinghouse
</blockquote>
The pro-crypto PAC has indeed gained substantial momentum, contributing to what is now considered the most crypto-friendly Congress in U.S. history through over $130 million spent in more than 50 congressional races.
<h2 id="significant-congressional-elections-and-ripple-s-role">Significant Congressional Elections and Ripple’s Role</h2>
One of the most notable congressional races involving Fairshake was between pro-crypto candidate Bernie Moreno and anti-crypto Sherrod Brown for the Ohio Senate seat, where Moreno made a comeback to secure victory.
Furthermore, Ripple’s influence in this process is emphasized, having initially donated $25 million to Fairshake earlier this year. At that time, Ripple noted that this contribution was part of a broader effort to advance policies supporting the next generation of financial innovation in the U.S.
Ripple’s Chief Legal Officer Stuart Alderoty commented on Garlinghouse’s announcement regarding the latest donation to Fairshake. He noted that Ripple has been one of Fairshake’s top supporters since its inception and emphasized that making three donations over the past three years demonstrates sustainable support.
<blockquote>
 “Innovation is here to stay, and <a href="https://en.coin-turk.com/bitcoin-price-dynamics-and-the-status-of-spot-bitcoin-etfs/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> will remain a strong force in DC for years to come. This process, starting with the Trump administration, aims to create the first White House role for crypto.”
</blockquote>
By continuing its political support for the crypto sector, Ripple is making strategic moves to foster further growth in the industry in the coming years.
The post <a href="https://en.coin-turk.com/ripple-ceo-brad-garlinghouse-announces-additional-donation-to-fairshake-pac/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple CEO Brad Garlinghouse Announces Additional Donation to Fairshake PAC</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Ripple CEO Brad Garlinghouse Announces Additional Donation to Fairshake PAC

Table of Contents

COINTURK NEWS

Other articles published on Nov 26, 2024

How Cryptocurrency Is Changing Cyber Security

Best Node Sales To Consider in 2024

Best Meme Coin Presale to Buy Now: Shiba Inu and Cat in a Dog's World Look for a Breakout as BTFD...

Traders will prefer AI software over semiconductor stocks under Trump administration

Bitcoin Black Friday Sale: Save Money, Buy Now!

Quantoz Unveils MiCA-Compliant Stablecoins USDQ and EURQ Backed by Tether and Kraken

Join our free newsletter for daily crypto updates!