Ripple Labs and Gemini co-founders Cameron and Tyler Winklevoss disclosed $1 million and $500,000 in respective donations to super PACs.
Ripple Labs donated $1 million to a new super political action committee, Commonwealth Unity Fund, set up by attorney James Murphy to help unseat anti-crypto Sen. Elizabeth Warren and elect pro-crypto lawyer John Deaton.
In May, Ripple announced an additional $25 million donation to the super PAC Fairshake in support of pro-crypto political candidates during the 2024 U.S. elections. That followed a $25 million donation Ripple made to the same group in 2023. Coinbase and a16z crypto are also among the firm’s donating to Fairshake this year.
Fairshake also received $4.9 million in funding from Cameron and Tyler Winklevoss in February, and the twins announced they had each donated $1 million worth of bitcoin to Donald Trump's campaign last month.
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