Trump Rumors on Kamala Harris Donations Are False

The post Trump Rumors on Kamala Harris Donations Are False appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has firmly denied claims that President-elect Donald Trump criticized Kamala Harris’s financial support from network executives during the election campaign. The allegations, originally published by multiple publications, have stirred controversy. However, they remain unsubstantiated. Controversy Around Ripple Executive’s Donations to Kamala Harris The controversy stems from a report by Axios, which quoted Trump allegedly confronting representatives of an unidentified company over their lack of support. “… when I needed you, where were you? You weren’t with me and maybe you were with [Kamala Harris],” Axios reported, citing Trump. While the publication did not name the company, Unchained’s sources speculated that it was Ripple. The publication reported that Trump allegedly expressed frustration with Ripple, the blockchain company behind XRP, during a private conversation. These allegations are linked to Ripple co-founder Chris Larsen, who made significant donations to the Harris campaign. As BeInCrypto reported, the Ripple executive donated up to $11 million to support Harris’ presidential campaign in October. “I believe Kamala Harris will ensure that American technology dominates the world, which is why I’m donating $10 million in XRP in support of her,” Larsen stated at the time. Just over a week before that, Larsen had donated $1 million worth of XRP to Harris’ campaign. These substantial contributions had fueled speculation about Ripple’s political leanings. “There are plenty of different motivations to explain this donation. Thinking it over more, IMO the best explanation is simply: Screw it, let’s see if she accepts the XRP her own administration says is an investment contract. Remember, this is only 0.0323% of Chris Larsen’s net worth,” pro-XRP lawyer Fred Rispoli quipped at the time. Regardless of Larsen’s motivations, Ripple CEO Brad Garlinghouse voiced respect for the co-founder’s decision. He reiterated Ripple’s dedication to collaborating across the political spectrum to advocate for crypto-friendly…

Jan 17, 2025 - 08:00
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Trump Rumors on Kamala Harris Donations Are False

The post Trump Rumors on Kamala Harris Donations Are False appeared on BitcoinEthereumNews.com.

Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has firmly denied claims that President-elect Donald Trump criticized Kamala Harris’s financial support from network executives during the election campaign. The allegations, originally published by multiple publications, have stirred controversy. However, they remain unsubstantiated. Controversy Around Ripple Executive’s Donations to Kamala Harris The controversy stems from a report by Axios, which quoted Trump allegedly confronting representatives of an unidentified company over their lack of support. “… when I needed you, where were you? You weren’t with me and maybe you were with [Kamala Harris],” Axios reported, citing Trump. While the publication did not name the company, Unchained’s sources speculated that it was Ripple. The publication reported that Trump allegedly expressed frustration with Ripple, the blockchain company behind XRP, during a private conversation. These allegations are linked to Ripple co-founder Chris Larsen, who made significant donations to the Harris campaign. As BeInCrypto reported, the Ripple executive donated up to $11 million to support Harris’ presidential campaign in October. “I believe Kamala Harris will ensure that American technology dominates the world, which is why I’m donating $10 million in XRP in support of her,” Larsen stated at the time. Just over a week before that, Larsen had donated $1 million worth of XRP to Harris’ campaign. These substantial contributions had fueled speculation about Ripple’s political leanings. “There are plenty of different motivations to explain this donation. Thinking it over more, IMO the best explanation is simply: Screw it, let’s see if she accepts the XRP her own administration says is an investment contract. Remember, this is only 0.0323% of Chris Larsen’s net worth,” pro-XRP lawyer Fred Rispoli quipped at the time. Regardless of Larsen’s motivations, Ripple CEO Brad Garlinghouse voiced respect for the co-founder’s decision. He reiterated Ripple’s dedication to collaborating across the political spectrum to advocate for crypto-friendly…

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