Ripple made a significant financial investment of $5 million in XRP to secure a private dinner with President Donald Trump before his inauguration. Cardano founder Charles Hoskinson revealed this information, stating that he chose not to attend the inauguration but preferred private meetings with policymakers for blockchain regulation discussions. Ripple's CEO and Chief Legal Officer recently attended the dinner, aligning with the company's efforts to influence regulatory policy under the new administration. These financial efforts, including a donation to a pro-Trump Super PAC, appear to have helped Ripple secure the opportunity. The crypto sector as a whole contributed over $200 million to Trump's campaign and inauguration, hoping for lighter regulations. This showcases one method of influencing US crypto policy.



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