Ripple’s Chief Legal Officer Denies Conflict With Donald Trump Over Campaign Donations

Ripple’s Chief Legal Officer, Stuart Alderoty, has vehemently denied rumors of a conflict between the company and former President Donald Trump over campaign donations, refuting claims made by Unchained that there was a heated exchange between Trump and Ripple executives.

According to reports, Unchained claimed that Trump expressed disappointment at the company’s lack of support for his administration and highlighted donations made by Chris Larsen, one of Ripple’s co-founders, to political action committees supporting Democratic candidate Kamala Harris. However, Alderoty has disputed these claims, insisting that there was no such meeting or conversation.

In a statement released by the company, Alderoty emphasized the importance of maintaining good relations with both major parties, stating that “the most critical thing we can do is to ensure that both Democrats and Republicans understand our vision for blockchain technology and cryptocurrency.”

Alderoty’s denial has raised more questions about the accuracy of Unchained’s reporting. Some have pointed out that while Chris Larsen did support Harris financially, Ripple as a company primarily backed Republican candidates and Alderoty himself contributed $300,000 to Trump’s campaign.

As tensions rise between Unchained and Ripple, this controversy highlights the complex relationships between cryptocurrency companies and political figures. In an era where politics and blockchain are increasingly intertwined, such conflicts can have far-reaching consequences for the industry as a whole.

Despite these challenges, it is clear that Ripple is committed to engaging with both sides of the aisle in order to further its mission of promoting the adoption of blockchain technology and cryptocurrency.

Source: blockonomi.com