This smells like #corruption and #kickbacks in #sfba.
- Billionarie Chris Larsen owns Ripple Labs, a crypto company.
- Larsen was the largest financier of Prop E, which encourages drone use in SFPD, which passed in 2024.
- Larsen also owns San Francisco Police Community Foundation, a nonprofit.
- The nonprofit is donating $866k to support “officer wellness”, but only if SFPD also accepts Ripple Labs’ $9.4M donation.
- $2M of the donation goes to renting back Ripple Labs real estate.
- The rest of the $7.4M donation goes to buying and operating drones and take-off sites.
No mention is made of:
- Who will supply the drones (probably Ripple Labs).
- Who will service them (probably Ripple Labs).
- What are the recurring cost of the service (probably whatever Ripple Labs charges).
- What data is shared with Ripple Labs or whoever operates the service (probably a lot).
This deal stinks.
