CandleFocus Ripple’s CEO and Co-Founder at Odds Over U.S. Politics
2024-10-24
Author: Content Editor
Ripple is facing an internal political divide within its leadership as CEO Brad Garlinghouse criticizes the Biden administration's regulatory stance, while Co-Founder Chris Larsen makes a $10 million donation in XRP to Kamala Harris' campaign PAC. Garlinghouse believes the administration's policies are putting pressure on the crypto industry, while Larsen hopes for a "new approach to tech innovation" under a Harris presidency. The donation raises concerns about mixed messaging within Ripple's leadership and its ongoing legal battle with the SEC. The contrasting positions of Garlinghouse and Larsen could shape Ripple's future trajectory amidst regulatory hurdles.
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