The Ripple director has spoken out to clarify the company's position amid the crisis at the personal investment platform Linqto, emphasizing that Ripple has no direct business relationship with Linqto.
MAIN CONTENT
Linqto is in serious crisis with a federal investigation and high risk of bankruptcy.
Ripple owns 4.7 million shares purchased by Linqto on the secondary market, with no direct business relationship.
Lawyer John Deaton calls for investors to remain calm and trust the bankruptcy process to protect their rights.
How is Linqto facing a serious crisis?
This is an investment platform promoted to help individuals access large private companies but is currently under federal investigation and facing bankruptcy risk. The platform has frozen user accounts and abruptly ceased operations, causing confusion with a refund plan only at the original price, excluding profits.
Linqto was once seen as a bridge for retail investors to access Ripple and Circle shares, however, recent developments have raised questions about transparency and investor protection in pre-IPO investment platforms.
How does the Ripple director assert that there is "no business relationship" with Linqto?
Brad Garlinghouse, CEO of Ripple, confirmed via tweet in July 2025 that Ripple has no partnership or sponsorship with Linqto. Linqto only purchased 4.7 million shares of Ripple on the secondary market from other shareholders, not directly from Ripple.
"Besides Linqto being a shareholder, Ripple has never established any business relationship with them, nor participated in any funding rounds of Ripple. We stopped approving purchase transactions from Linqto on the secondary market since the end of 2024 due to growing skepticism."
Brad Garlinghouse, CEO of Ripple, July 2025
This message aims to separate Ripple from the negative consequences caused by the incident at Linqto, protecting the reputation and trust of investors in the cryptocurrency equity market in general.
Lawyer John Deaton advises investors on what to do before this crisis?
John Deaton, a lawyer and investor at Linqto, offers reassuring advice to the XRP community amidst the turmoil. He emphasizes the high likelihood that investors will get their money back, and may even profit from a transparent bankruptcy fund.
"There is a solid basis to believe that you will get your capital back and may even recoup some profit from the investment."
John Deaton, lawyer and Linqto investor, July 2025
He calls on investors to remain calm, not to let emotions dictate, and to continue updating information objectively, especially for those whose savings or retirement funds are tied to investments in Linqto.
Linqto and Ripple: Comparing investment relationships and legal responsibilities
Criteria Linqto Ripple Type of relationship Shareholder buying shares on the secondary market Shareholder, no business dealings with Linqto Ownership of shares 4.7 million Ripple shares Officially issued shares Sponsorship, fundraising No No Business cooperation activities None None Legal impact during the crisis Federal investigation, bankruptcy risk Not directly related to the Linqto crisis
Frequently Asked Questions
What is Linqto and why is it in crisis? Linqto is a private equity investment platform currently under federal investigation and at risk of bankruptcy due to freezing user accounts and refund disputes. What is Ripple's connection to the Linqto incident? Ripple has no business or sponsorship relationship with Linqto, only knowing that Linqto owns Ripple shares purchased on the secondary market. What should investors do if Linqto goes bankrupt? According to legal experts, investors should stay calm, monitor the bankruptcy process to protect their best interests. What has Ripple reacted to the risks from Linqto? CEO Brad Garlinghouse has publicly affirmed that Ripple is not involved and has restricted transactions related to Linqto since late 2024. Does Linqto's ownership of Ripple shares affect the market? Linqto's ownership of Ripple shares does not directly impact Ripple's operations or stock price due to the lack of direct business relationship.
Source: https://tintucbitcoin.com/ceo-ripple-bac-bo-lien-quan-linqto/
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