An exchange opened by the son of a politician, built by the co-founder’s investment in Ripple—what a perfectly timed moment during the Clarity Act negotiations.

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CoinNetwork
According to a report by Cointelegraph, a message from Coin World News says that Ripple co-founder and Executive Chairman Chris Larsen invested in the derivatives exchange American Perpetuals Exchange Corp. (APEC), which was founded by Theodore Gillibrand, the son of U.S. Senator Kirsten Gillibrand. The platform raised $30 million, with most investors contributing between $5,000 and $10,000. The investment took place while Kirsten Gillibrand was participating in negotiations over the ethics provisions of the Clarity Act.
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