LinqtoBankruptcy

🚨 IMPORTANT: Ripple Shareholder Files BANKRUPTCY!

Linqto, a major shareholder of Ripple, has officially filed for Chapter 11 bankruptcy. This comes after months of controversy surrounding alleged securities law violations and federal investigations. Linqto holds a significant 4.7 million Ripple shares.

While #Ripple CEO Brad Garlinghouse clarified there's no business relationship with Linqto beyond share ownership, this development is grabbing headlines. Reports suggest Linqto customers may not have truly owned the securities they thought, and the company faced issues with marketing services to ineligible investors.

This situation highlights the complexities and risks within the broader crypto investment landscape. While it impacts Linqto directly, the market will be watching closely for any ripple effects on #XRP and the wider ecosystem. Stay informed and follow @Professor Mende - Bonuz Ecosystem Founder for more! #Altcoins #Linqto #LinqtoBankruptcy $XRP