Ripple co-founder Chris Larsen donates $22.5M to US midterms, breaks with Fairshake
- —Larsen donated at least $22.5 million to candidates and super PACs for the midterms
- —He gave $4 million to Sherrod Brown's campaign against Fairshake's $30 million effort
- —Ripple has contributed $48 million to Fairshake this cycle and $93 million in total
- —Larsen also gave over $4.5 million to a super PAC opposing AI lobby Leading the Future
Why it matters: Crypto's growing political spending will shape the fate of the CLARITY Act and US industry regulation.
Source: CoinPost