Ripple co-founder Chris Larsen has contributed at least $22.5 million to federal candidates and super political action committees during the current U.S. midterm election cycle. Bloomberg reports that Larsen plans to increase his financial commitment as the election period progresses. His political spending targets key policy areas including artificial intelligence, clean energy, cryptocurrency regulation, and taxation of ultra-high-net-worth individuals. The donations position Larsen as one of the most significant crypto industry donors in this election cycle.