Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco
As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for free.
As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for free.
Thanks to lobbying efforts that garnered a thumbs-up from Donald Trump, Ripple’s XRP gained $44B in 75 minutes to hit a market cap of $173B.
Ripple claims its reports have not had the intended effect and that they were used against the company by former SEC leadership.
Ripple is selling over a billion dollars worth of cash, equity, and XRP tokens to fund an acquisition that it hopes will boost RLUSD volumes.
Movements of XRP by Chris Larsen and Ripple insiders are drawing suspicion from skeptics of Donald Trump’s recent endorsement.