One of Ripple’s Co-Founders Is Spending a Fortune Installing Cameras in San Francisco

Crypto mogul and co-founder, Chris Larsen, paid over $4 million to install 1,000 high-definition cameras on the streets of San Francisco. He claims his goal is to combat crime, specifically theft.

According to a report published by The New York Times, Larsen – who recently recovered from COVID-19 – decided to take up this project after a group of unknown men climbed into his garden in 2011 and cut the wires to his home security while his children were sleeping inside.

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