It’s shocking to learn that Ripple co-founder Chris Larsen donated $11.8 million to the Democratic leader.

In a recent interview, the Ripple co-founder revealed why he donated a significant amount of money to Kamala Harris and praised her leadership.

According to the latest report, Ripple co-founder Chris Larsen donated a net $11.8 million to PACs supporting Harris’ campaign. He previously donated nearly $1 million. This large donation makes Larsen one of the top donors among cryptocurrency leaders.

In an interview with CNBC, Larson expressed his support for Harris, saying he felt comfortable with her campaign team and has been impressed with her leadership since taking over from Biden in July.

These actions indicate that Larson is moving into the future with political support or endorsement of a potential U.S. presidential candidate who is expected to win the upcoming election. However, the final results remain uncertain, as past elections have often overturned predictions.

It is worth noting that Ripple has been under legal investigation since December 2020, and the situation has not improved even with the current Democratic administration represented by Kamala Harris.

Some pointed out the irony that Ripple, which faced legal problems under the current government, is now donating and hoping for the party’s victory.

Cryptocurrency experts believe this move could bring significant political advantages to Ripple, especially if Kamala Harris wins the presidential election.

Kamala vs Trump

Trump currently leads with 38% more odds than Harris on major betting platforms.