Ripple Labs donates $1 million to support attorney in state Senate race

Odaily News According to the documents of the Federal Election Commission (FEC), the independent expenditure political action committee (Super PAC) Commonwealth Unity Fund received a donation of $50,000 from James Murphy, founder of Ludlow Street Advisors LLC, and a donation of $1 million from Ripple Labs Inc on April 15 and May 15, 2024, respectively. It is reported that the committee will support Ripple lawyer John Deaton in the Massachusetts Senate seat election to replace Senator Elizabeth Warren. (Docquery)