Ripple Labs Inc donated $1 million to the political action committee Commonwealth Unity Fund to support their lawyer John Deaton's participation in the Massachusetts Senate seat race. In addition, James Murphy, the founder of Ludlow Street Advisors LLC, also donated $50,000 to the committee. These donations are aimed at helping John Deaton replace the current Senator Elizabeth Warren.

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

Ripple Labs donates $1 million to support a lawyer running for the Massachusetts Senate seat.