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Home Crypto Crypto News

Ripple co-founder donates $1 million in XRP to Harris campaign

by Press Room
October 12, 2024
in Crypto News
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According to the latest Polymarket election odds, Kamala Harris has a 45.9% chance of securing the Oval Office in the Nov. 5 presidential election.

Records from the Federal Election Commission (FEC) revealed that Ripple co-founder and executive chairman Chris Larsen contributed 1,754,815.29 XRP (XRP), valued at $1 million at the time of the donation, to the Harris-Walz 2024 Presidential campaign.

The FEC filings show the contribution was made on Aug. 14, 2024, to the pro-Harris Future Forward political action committee (PAC). According to Fox Business reporter Eleanor Terrett, this represents the first documented crypto contribution to the Harris campaign.

In September, a spokesperson for Future Forward told Cointelegraph that the PAC was accepting crypto donations for Harris after false reports surfaced that the campaign was directly accepting crypto campaign donations.

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