🚨 BREAKING: Investment platform Linqto faces federal investigation & possible bankruptcy.
They’re under federal investigation for how they sold private company shares (like Ripple) to regular folks. Allegations of shady markups & some people possibly not even legally owning the shares they paid for.
Ripple’s CEO already spoke up — Linqto bought ~4.7M Ripple shares from other investors, never directly from Ripple. They’ve had no business dealings beyond that, and Ripple stopped approving Linqto purchases since late 2024.
Looks like Linqto might go bankrupt. If you had funds stuck there… not looking good. 😬$XRP
