Blockchain giant Ripple has made significant donations to Democratic presidential candidate Kamala Harris, raising eyebrows and prompting speculation about the company's motives. Ripple CEO Brad Garlinghouse praised Harris for her approach to digital assets, despite the company's rocky relationship with US regulators, including a $1.3 billion lawsuit from the SEC under President Biden's administration. The donations come as Ripple is eyeing the possibility of launching an XRP ETF and dealing with the aftermath of its legal battle with the SEC. Ripple's donations to both Harris and former President Trump could be a strategic hedge to position the company favorably and increase the chances of securing approval for their XRP ETF, regardless of the election outcome.
- Content Editor ( crypto.news )
- 2024-10-24
Why is Ripple betting big on Kamala Harris and shocking everyone?