Crypto billionaire Chris Larsen backs Calif. GOP gov candidate after betting on Katie Porter

San Francisco crypto billionaire Chris Larsen insists he still supports hotheaded liberal ex-Rep.Katie Porter in the closely-watched California gubernatorial race — despite plans to donate thousands to her conservative opponent.

Larsen — the co-founder of Ripple who is worth some $10 billion, according to Forbes — already cut a maximum $39,200 check to Porter’s campaign in June, but revealed to Politico on Wednesday that he also intends to drop the same amount to support Steve Hilton, a former Fox News host.The billionaire told the outlet that his hedging of bets had nothing to do with viral videos of Porter losing her cool and cursing out a staffer, which led to her plummeting in the polls.“The viral video thing, the fact that that’s an issue is the stupidest thing I’ve ever heard,” Larsen said.

“I mean, she’s tough.She comes across as tough.

And, you know what? Right on.We need somebody who’s tough to take on the folks that are driving Sacramento,” he insisted.Larsen, who declined The Post’s request for an interview, said he wants Porter and Hilton to advance out of California’s top-two primary in June and face off in November — rather than two Democrats or two Republicans squaring off. “I’m 100 percent behind Katie Porter, but I’ve met with Steve a couple of times, and I’d say they share something similar,” Larsen said.

“California’s problems are some pretty basic things around costs and getting rid of some of the overburdensome [rules] regulations that are holding us back on multiple fronts.Both of them come at that ‘back to basics, kitchen table’ thing.The tech entrepreneur and investor said the political environment is “way, way too vilified” and “divided.”“Generally, a one-party supermajority is not really the best thing to have,” Larsen said.Meanwhile, Hilton, who served as an adviser to former UK Prime Minister David Cameron, told The Post that he and Larsen view the issues facing...