Donald Trump Receives $300K in XRP From Ripple Exec
The presidential race in the United States is getting interesting, with several twists and turns. Amidst this, crypto currency hasn’t lost steam. Donald Trump , the former President of the United States, has continued to garner support from the crypto currency industry through donations. More recently, the Chief Legal Officer of Ripple, Stuart Alderoty, donated a staggering $300,000 in XRP to the Republican presidential candidate. Fox Business journalist Eleanor Terrett revealed that Alderoty poured in 624,000 XRP to Trump’s campaign. This donation was made on June 11, 2024, but was brought to light only recently. NEW: According to @AppBreadcrumbs, @Ripple’s General Counsel @s_alderoty donated $300K in $XRP to @realDonaldTrump. — Eleanor Terrett (@EleanorTerrett) July 25, 2024 It seems like Trump’s campaign was scared of the volatility of the crypto currency industry. Following the above transfer from the Ripple CLO, Trump’s office converted the XRP to USDC. Former FOX News analys...