Entity DossierOrganization

Ripple Labs Inc.

Tracked giving exceeds tracked receipts by

$4,000,000

Blockchain payments company (XRP). Contributed $4,000,000 to the Fairshake network in the 2024 FEC cycle while defending an SEC enforcement action.

crypto

Tracked direct giving

$4,000,000

Tracked donations to candidate

Connections

The Money Trail

How money flowed from Ripple Labs Inc.

$4.0M

3 transactions across 3 counterparties

Ripple Labs Inc. directed $1.5M to Defend American Jobs. Ripple Labs Inc. advocates for CLARITY Act, Digital Asset Market Clarity Act.

Dec 2023pac→ CLARITY Act, Digital Asset Market Clarity Act no recorded vote

Ripple Labs Inc. directed $1.5M to Protect Progress. Ripple Labs Inc. advocates for CLARITY Act, Digital Asset Market Clarity Act.

Dec 2023pac→ CLARITY Act, Digital Asset Market Clarity Act no recorded vote

Ripple Labs Inc. directed $1.0M to COMMONWEALTH UNITY FUND. Ripple Labs Inc. advocates for CLARITY Act, Digital Asset Market Clarity Act.

May 2024individual→ CLARITY Act, Digital Asset Market Clarity Act no recorded vote

$4.0M tracked across 3 counterparties·1 policy outcome

PAC Chain Attribution

Where Ripple Labs Inc.’s money ended up

Attributed amounts are modeled estimates of how money flowed through intermediary PACs, computed by proportional apportionment of FEC-reported transactions. They are not reported transactions themselves. How we compute this

$9.5M

modeled estimate

154 paths across 50 counterparties

$1.2Mmodeled estimateattributed to MORENO, BERNIE

2024 cycle5 paths1 hopMedium confidenceCross-cycle

$395Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MORENO, BERNIEmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$251Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MORENO, BERNIEmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$189Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MORENO, BERNIEmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$175Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MORENO, BERNIEmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$142Kmodeled estimateRipple Labs Inc.→Defend American Jobs→MORENO, BERNIEmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$568Kmodeled estimateattributed to James Conley Justice II

2024 cycle5 paths1 hopMedium confidenceCross-cycle

$363Kmodeled estimateRipple Labs Inc.→Defend American Jobs→James Conley Justice IImediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$201Kmodeled estimateRipple Labs Inc.→Defend American Jobs→James Conley Justice IImediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$2Kmodeled estimateRipple Labs Inc.→Defend American Jobs→James Conley Justice IImediumSupportindependent_expenditure

at least $9K documented end-to-end

$1Kmodeled estimateRipple Labs Inc.→Defend American Jobs→James Conley Justice IImediumSupportindependent_expenditure

at least $9K documented end-to-end

$1Kmodeled estimateRipple Labs Inc.→Defend American Jobs→James Conley Justice IImediumSupportindependent_expenditure

at least $8K documented end-to-end

$564Kmodeled estimateattributed to Justice, James C.

2024 cycle2 paths1 hopMedium confidenceCross-cycle

$363Kmodeled estimateRipple Labs Inc.→Defend American Jobs→Justice, James C.mediumindependent_expenditure

at least $1.5M documented end-to-end

$201Kmodeled estimateRipple Labs Inc.→Defend American Jobs→Justice, James C.mediumindependent_expenditure

at least $1.5M documented end-to-end

$464Kmodeled estimateattributed to Ruben Gallego

2024 cycle4 paths1 hopMedium confidenceCross-cycle

$196Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$168Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$98Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$1Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $25K documented end-to-end

$463Kmodeled estimateattributed to Gallego

2024 cycle3 paths1 hopMedium confidenceCross-cycle

$196Kmodeled estimateRipple Labs Inc.→Protect Progress→Gallegomediumindependent_expenditure

at least $1.5M documented end-to-end

$168Kmodeled estimateRipple Labs Inc.→Protect Progress→Gallegomediumindependent_expenditure

at least $1.5M documented end-to-end

$98Kmodeled estimateRipple Labs Inc.→Protect Progress→Gallegomediumindependent_expenditure

at least $1.5M documented end-to-end

$459Kmodeled estimateattributed to Elissa Slotkin

2024 cycle4 paths1 hopMedium confidenceCross-cycle

$178Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$151Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$128Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $1.5M documented end-to-end

$1Kmodeled estimateRipple Labs Inc.→Protect Progress→UnknownmediumSupportindependent_expenditure

at least $27K documented end-to-end

$458Kmodeled estimateattributed to Slotkin

2024 cycle3 paths1 hopMedium confidenceCross-cycle

$178Kmodeled estimateRipple Labs Inc.→Protect Progress→Slotkinmediumindependent_expenditure

at least $1.5M documented end-to-end

$151Kmodeled estimateRipple Labs Inc.→Protect Progress→Slotkinmediumindependent_expenditure

at least $1.5M documented end-to-end

$128Kmodeled estimateRipple Labs Inc.→Protect Progress→Slotkinmediumindependent_expenditure

at least $1.5M documented end-to-end

$427Kmodeled estimateattributed to HELMER, DANIEL I. DEL.

2024 cycle9 paths1 hopMedium confidenceCross-cycle

$152Kmodeled estimateRipple Labs Inc.→Protect Progress→HELMER, DANIEL I. DEL.mediumSupportindependent_expenditure

at least $1.2M documented end-to-end

$112Kmodeled estimateRipple Labs Inc.→Protect Progress→HELMER, DANIEL I. DEL.mediumSupportindependent_expenditure

at least $884K documented end-to-end

$106Kmodeled estimateRipple Labs Inc.→Protect Progress→HELMER, DANIEL I. DEL.mediumSupportindependent_expenditure

at least $1.2M documented end-to-end

$45Kmodeled estimateRipple Labs Inc.→Protect Progress→HELMER, DANIEL I. DEL.mediumSupportindependent_expenditure

at least $353K documented end-to-end

$5Kmodeled estimateRipple Labs Inc.→Protect Progress→HELMER, DANIEL I. DEL.mediumSupportindependent_expenditure

at least $43K documented end-to-end

+ 4 more paths

Plus 42 additional chains totaling $5.0M.

$9.5M attributed (modeled estimate) across 154 paths·Up to 1 hop deep·Source FEC filings (Schedules A, B, E)·How we compute this

Connection Graph

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Donations Given

Recipient	Amount	Date	Cycle
Protect Progress	$1,500,000	Dec 15, 2023	2024
Defend American Jobs	$1,500,000	Dec 15, 2023	2024
COMMONWEALTH UNITY FUND	$1,000,000	May 15, 2024

Relationships

Type	Connected To	Details	Source
Lobbied for	CLARITY Act, Digital Asset Market Clarity Act	Ripple publicly advocated for the CLARITY Act market-structure framework	Source
Affiliated with	RIPPLE OF HOPE PAC	Ripple Labs is affiliated with Ripple	Source
Donated to	Fairshake	Publicly identified major donor to this crypto industry super PAC. Exact amounts to be filled in by FEC ingestion.	Source
Gave money to	Fairshake	Ripple gave approximately $25M to Fairshake super PAC	Source
Employed by	FGS Global (US) LLC (FKA FGH Holdings LLC)	Hired FGS GLOBAL (US) LLC (FKA FGH HOLDINGS LLC) to lobby on Crypto / Digital Assets	Source
Funded research at	COIN CENTER INC.	Corporate funder of Coin Center crypto policy research	Editorial
Employed by	BALLARD PARTNERS, LLC	Hired BALLARD PARTNERS, LLC to lobby on Crypto / Digital Assets	Source
Employed by	WILLIAMS AND JENSEN, PLLC	Hired WILLIAMS AND JENSEN, PLLC to lobby on Crypto / Digital Assets	Source
Funded research at	BLOCKCHAIN ASSOCIATION	Member of Blockchain Association	Editorial
Employed by	Ballard Partners	Hired BALLARD PARTNERS to lobby on Crypto / Digital Assets	Source