Ripple has added another $25 million to the coffers of Fairshake, a federal crypto super political action committee (PAC) that's spending big this election year to support crypto-friendly Congressional candidates.
Many in the crypto industry see the 2024 elections as a critical opportunity to elect pro-crypto candidates and oust less-than-friendly candidates, such as Congresswoman Katie Porter.
Ripple attributed its contribution to Fairshake as part of an industry-wide effort to advance policies that support the next generation of financial innovation in the U.S.
Ripple CEO Brad Garlinghouse stated, 'Ripple will not - and the crypto industry should not - keep quiet while unelected regulators actively seek to impede innovation and economic growth.'
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