COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Ripple co-founder Chris Larsen faces protest over $9.4 million police surveillance donation
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > Ripple co-founder Chris Larsen faces protest over $9.4 million police surveillance donation
Ripple (XRP)

Ripple co-founder Chris Larsen faces protest over $9.4 million police surveillance donation

In Brief

  • 🚨 Ripple co-founder Chris Larsen confronted by protesters over $9.4 million police surveillance donation.

  • 📢 Activists from Sunrise Movement targeted his San Francisco home for supporting police cameras.

  • 🕵️ Larsen funded over 400 Flock license plate readers and provided space for the police tech center.

  • ⚡ $XRP’s co-founder faces mounting criticism over his role in expanding city surveillance systems.
Güvenç Koçkaya
Güvenç Koçkaya 11 minutes ago
Share
SHARE

A group of activists demonstrated outside the San Francisco residence of Chris Larsen, co-founder of blockchain company Ripple, to protest his substantial financial support for law enforcement surveillance technology in the city.

Contents
Sunrise Movement organizes local demonstrationChris Larsen’s role in police surveillance fundingCommunity debate over technology and safety

Sunrise Movement organizes local demonstration

The protest, which took place on Friday, was led by members of the Sunrise Movement, a youth-driven climate advocacy group. Activists criticized Chris Larsen’s involvement in supporting the expansion of automated license plate readers (ALPRs) and other surveillance tools by San Francisco police.

Demonstrators distributed brightly colored flyers to residents in the neighborhood, warning them about the use of Flock Safety cameras—networked devices that capture license plates and track vehicle movements. Protesters also displayed a mock surveillance camera near Larsen’s home, sending a message that read, “Does this make you feel safer, Chris?”

Luc Bouchard, an organizer from Sunrise Movement Bay Area, explained that activists question the effectiveness of automated license plate readers. He stated that studies do not clearly demonstrate their role in reducing crime and suggested public funds would be better spent on affordable housing and social programs instead of surveillance infrastructure.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

Bouchard added that the group targeted Larsen’s home specifically to highlight his role in funding the technology, emphasizing the direct connection between private donors and changes in public safety policy.

Chris Larsen’s role in police surveillance funding

Chris Larsen, who co-founded Ripple—a financial technology company known for the XRP cryptocurrency—has provided millions of dollars to support both public and private security camera networks in San Francisco over the past several years. His donations have funded extensive surveillance projects in multiple city neighborhoods, responding to concerns about property crimes and public safety.

In 2021, Larsen approved a $700,000 contribution to install camera networks in the Castro district. His earlier funding also enabled camera deployments in areas like Japantown and Hayes Valley.

By 2023, reports placed Larsen’s total contributions to community surveillance initiatives at around $4 million. The investments sought to bolster neighborhood safety with technologies such as Flock Safety cameras that quickly alert authorities to suspect vehicles.

In 2025, Larsen pledged $9.4 million to enable the relocation and modernization of the San Francisco Police Department’s Real-Time Investigation Center. In addition to the monetary support, Ripple provided a new space for the center through a lease agreement.

The revamped Real-Time Investigation Center now coordinates data from a network of more than 400 Flock automated license plate reader cameras across the city.

In July, the San Francisco Police Commission approved an additional $3 million contribution from Larsen to further expand technology resources for local law enforcement.

Mini dictionary: Sunrise Movement, a national youth-led organization focused on advocating for climate action and social justice, often mobilizes around local and national policies intersecting justice, surveillance, and public safety.

Community debate over technology and safety

Flock Safety, an Atlanta-based technology company, supplies automated license plate readers that gather vehicle data for public safety agencies. Proponents argue the system helps recover stolen vehicles and identify suspects in criminal investigations. However, critics say these expansive networks may infringe on privacy and have limited evidence showing a reduction in crime rates.

YearLarsen’s ContributionsPurpose
2021$700,000Castro district camera network
2023$4 million (total by this year)Community surveillance initiatives
2025$9.4 millionRelocation, upgrade of Police Real-Time Investigation Center
2025 (July)$3 millionAdditional technology resources

Activists continue to challenge public and private reliance on automated surveillance, urging city leadership to reevaluate the balance between safety and civil liberties.

Sunrise Movement Bay Area organizer Luc Bouchard argued that investing more in housing, rather than surveillance, would deliver better results for San Francisco’s public safety concerns.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

XRP must close above $1.95 weekly high for next major breakout, analyst says

XRP jumps from $1 to $1.69 in sharp rally as Trump urges Congress on CLARITY Act

XRP Ledger node operators urged to upgrade as fixCleanup3_3_0 nears 80% consensus

JPMorgan nears $1 trillion market value, highlights XRPL role in asset tokenization

XRP price could hit $2 in 2 days, says analyst Dark Defender

Güvenç Koçkaya 24 August, 2026 - 8:30 pm 24 August, 2026 - 8:30 pm
Share This Article
Facebook Twitter
Share
Güvenç Koçkaya
By Güvenç Koçkaya
Follow:
The author, a medical doctor and health economist, produces content on cryptocurrency markets, blockchain technologies, digital assets, and global finance.As a cryptocurrency writer and investor, he closely follows Bitcoin, altcoins, market trends, macroeconomic developments, token economies, and innovations in the digital asset ecosystem. By combining perspectives from health economics and financial analysis, he evaluates developments in cryptocurrency markets using a clear and data-driven approach.
Previous Article Strive adds 1,110 BTC to treasury, holdings reach 21,356 BTC after $81.5 million purchase
Next Article XRP must close above $1.95 weekly high for next major breakout, analyst says
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

XRP must close above $1.95 weekly high for next major breakout, analyst says
Ripple (XRP)
Strive adds 1,110 BTC to treasury, holdings reach 21,356 BTC after $81.5 million purchase
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?