• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Chris Larsen of Ripple has allocated $350,000 for controversial projects

Chris Larsen of Ripple has allocated $350,000 for controversial projects

user avatar

by Max Nevskyi

2 years ago


Ripple's CEO, Chris Larsen, has donated $250,000 to a series of initiatives proposed by San Francisco Mayor London Breed, including proposals to expand the police's authority in the use of surveillance technologies and drones for tracking suspects.

As reported by the online publication San Francisco Standard (SFS), Chris Larsen currently holds the top spot in the list of donors, with his total contributions to support these initiatives exceeding $350,000. It should be noted that these proposals may be adopted through special direct votes.

Chris Larsen, the CEO of Ripple, allocated $250,000 to a pre-election committee that supports a more lenient approach to approving police requests for the use of surveillance technologies. According to the information, this will allow the police to freely use drones and facial recognition technologies for a year before regulatory authorities can conduct a thorough review.

Chris Larsen also made a $100,000 donation to support an initiative aimed at requiring potential recipients of social benefits suspected of drug addiction to undergo appropriate testing and, if necessary, enroll in rehabilitation programs to continue receiving financial support.

When it comes to people dying on the streets from fentanyl and other even stronger drugs, we need to address this somehow. We have to show compassion, but this year we have another record in the number of deaths. We just can't keep doing things the old way.Larsen said.

Official authorities have described these measures as punitive and believe that they harm people suffering from addiction. The initiative was rejected by regulatory agencies, but it remains popular among target voters.

Chris Larsen explained that he made these donations at the request of San Francisco Mayor London Breed. As for the initiative to increase the police force through additional taxes, Larsen called it “utter nonsense”.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Analysts See Potential Reversal for PENGU Price

chest

Analysts believe the PENGU price may be poised for a reversal due to oversold conditions and weakening selling pressure.

user avatarMaya Lundqvist

Binance Faces Lawsuit Over Alleged Terrorist Funding

chest

Binance is facing a lawsuit from over 300 Americans for allegedly facilitating over $1 billion in transactions to terrorist organizations, including Hamas and Hezbollah.

user avatarLeo van der Veen

XYO's Proof of Location Enhances Robot Navigation

chest

XYO's Proof of Location technology provides reliable location data for robots and drones, ensuring accurate navigation.

user avatarRajesh Kumar

Developer Activity and Ecosystem Growth Drive TON's Momentum

chest

TON's developer and builder activity has surged, with 217 new projects and increased engagement, contributing to the network's momentum.

user avatarLi Weicheng

Gatewayfm's Role in Miden's Blockchain Development

chest

Gatewayfm has been selected as Miden's infrastructure partner to enhance operational capabilities and support its innovative edge-execution model.

user avatarLi Weicheng

Miden Partners with Gatewayfm for Enhanced Blockchain Infrastructure

chest

Miden has partnered with Gatewayfm to enhance its blockchain infrastructure, ensuring network uptime and supporting scalability and reliability.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.