On with Kara Swisher The Crypto Founder Who Won a “Landmark Victory” Against the SEC
4 snips
Jul 17, 2023 
Chris Larsen, the co-founder and Executive Chairman of Ripple, dives into current crypto dynamics following a pivotal legal win for Ripple. He discusses the nuanced ramifications of SEC regulations and the importance of timely oversight in the crypto sector. Larsen also opines on his hefty investments to address urban issues in San Francisco, emphasizing that while he’s passionate about community safety, he has no interest in running for office. The conversation touches on the resurgence of the cryptocurrency industry amid Hollywood strikes and broader societal challenges.
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SF's Most Pressing Issue
- San Francisco's most pressing problem is its police department, facing understaffing and low morale.
- This issue allows organized criminal gangs to become more brazen.
Gotham City Analogy
- Chris Larsen feels San Francisco is becoming like Gotham City due to escalating crime.
- He emphasizes the need to rethink policing and explore alternative public safety models.
Balancing Principles
- Prioritize safety, justice, and privacy when addressing San Francisco's challenges.
- Acknowledge these principles involve trade-offs and require careful balancing.