Ripple Co-Founder Donates $9.4 Million to San Francisco Police for Surveillance Enhancement

Chris Larsen, co-founder of Ripple Labs, has generously donated $9.4 million to the San Francisco Police Department (SFPD). This substantial contribution aims to bolster the department’s surveillance capabilities and technological resources. The donation includes both cash ($7.25 million) and a rent-free office lease valued at $2.2 million. This initiative has sparked debate about public safety versus privacy, particularly regarding the extent of surveillance and its potential impact on communities.