The donation supports moderate Democrat Theo Ellington’s bid to replace progressive supervisor Shamann Walton in November.
Vehicles pass by City Hall in San Francisco on Aug. 8, 2023. Founder of cryptocurrency company Ripple Labs, Chris Larsen, has given millions to support Mayor Daniel Lurie’s political campaign, charter reform and policing initiatives earlier this year.
(Beth LaBerge/KQED)
Crypto billionaire Chris Larsen poured a record $500,000 into the campaign to elect Theo Ellington, a moderate Democrat, to the San Francisco Board of Supervisors this week, according to new finance filings.
The donation is believed to be the largest in San Francisco history to a third-party supporting a single…
