“According to Federal Election Commission filings, the donation, made on August 14, was provided in the form of 1.7M XRP tokens.”
“This contribution marks the first crypto donation to Harris’ campaign, as reported by Fox Business. Future Forward PAC, which accepts crypto donations through Coinbase Commerce, automatically converts contributions into the stablecoin USDC to minimize volatility. “
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tldr; Ripple co-founder Chris Larsen donated $1 million in XRP tokens to Future Forward PAC, supporting Vice President Kamala Harris’ presidential campaign. This marks the first crypto contribution to Harris’ campaign. The PAC, which accepts crypto donations via Coinbase Commerce, converts them to USDC to reduce volatility. The donation comes amid Ripple’s legal battle with the SEC and highlights the growing role of crypto in political discourse as the 2024 election approaches.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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“According to Federal Election Commission filings, the donation, made on August 14, was provided in the form of 1.7M XRP tokens.”
“This contribution marks the first crypto donation to Harris’ campaign, as reported by Fox Business. Future Forward PAC, which accepts crypto donations through Coinbase Commerce, automatically converts contributions into the stablecoin USDC to minimize volatility. “
tldr; Ripple co-founder Chris Larsen donated $1 million in XRP tokens to Future Forward PAC, supporting Vice President Kamala Harris’ presidential campaign. This marks the first crypto contribution to Harris’ campaign. The PAC, which accepts crypto donations via Coinbase Commerce, converts them to USDC to reduce volatility. The donation comes amid Ripple’s legal battle with the SEC and highlights the growing role of crypto in political discourse as the 2024 election approaches.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Bagholders about to come out of the woodwork