Woofun AI reports that Chris Larsen, co-founder and executive chairman of Ripple, has invested in American Perpetuals Exchange Corp. (APEC). The derivatives exchange was established by Theodore Gillibrand, son of New York State Senator Kirsten Gillibrand. APEC has secured $30 million in funding, with the majority of contributions ranging from $5,000 to $10,000. The specific value of Larsen's investment has not been disclosed. While Senator Gillibrand previously argued against officials profiting from insider status, her spokesperson confirmed she holds no involvement in the venture.