Kamala Harris Receives $1 Million In XRP From Ripple Co-Founder Chris Larsen
Portfolio Pulse from Khyathi Dalal
Ripple co-founder Chris Larsen donated $1 million in XRP to Kamala Harris' campaign, amidst Ripple's ongoing legal issues with the SEC. This donation is part of Larsen's $1.9 million total support for Harris. The campaign is also exploring cryptocurrency donations.
October 11, 2024 | 7:22 pm
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NEUTRAL IMPACT
Chris Larsen's $1 million XRP donation to Kamala Harris' campaign highlights Ripple's ongoing legal battle with the SEC over XRP's classification. This could impact XRP's market perception.
The donation brings attention to Ripple's legal issues with the SEC, which could affect XRP's market perception. However, the direct impact on XRP's price is uncertain as the legal outcome remains unresolved.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80