Billionaire Chris Larsen's $9.4 Million Donation To Fund New SFPD Investigation Center

CBS Bay Area

June 6, 2025

San Francisco Mayor Daniel Lurie announced Thursday a $9.4 million donation from a crypto billionaire to upgrade the police department's surveillance technology, including a new Real-Time Investigation Center (RTIC).

According to the mayor's office, the donation comes from Chris Larsen, co-founder of Ripple. With the money, the center will move from its current location at the Hall of Justice to a vacant office in the Financial District.

"It gives the team room to grow and ensures they're fully operational in a crisis. And it puts them right in the heart of downtown, where they can best serve every neighborhood across San Francisco," Lurie said at a press briefing Thursday morning.

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