CandleFocus Expert Says No Excuse to Hold or Trade XRP After Latest Event
2024-10-23
Author: Content Editor
Prominent figures in the crypto community are calling for a boycott of XRP following the news that Chris Larsen, co-founder and chairman of Ripple, has made significant monetary donations to Kamala Harris's presidential campaign. Larsen has contributed a total of over $11.8 million to Harris's campaign efforts, with $10 million worth of XRP being the latest addition. Some view Larsen's donations as a divergence from XRP's core mission, and crypto investor Mike Alfred stated that there is "no excuse" for owning or supporting XRP. Ryan Selkis, founder of Messari, even declared XRP "dead" due to this financial support. However, Ripple's CEO, Brad Garlinghouse, defended Larsen's right to support political candidates and reiterated Ripple's bipartisan engagement in advocating for pro-crypto policies.
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