Ripple co-founder Chris Larsen has invested in American Perpetuals Exchange Corp. (APEC), a derivatives exchange founded by Theodore Gillibrand, son of New York Senator Kirsten Gillibrand. APEC reportedly raised $30 million, with most contributions ranging from $5,000 to $10,000. This investment surfaces amid ongoing discussions about the Clarity Act, which could significantly affect the U.S. crypto sector. Senator Gillibrand, involved in these negotiations, has emphasized that government officials should not profit from insider status, though her spokesperson clarified she has no involvement in her son's business.