🚨 BREAKING: $XRP Platform Linqto Under Federal Investigation, Faces Bankruptcy Risk! 😱

Investment platform Linqto, known for offering pre-IPO shares like Ripple (XRP) to retail investors, is now under federal investigation and possibly headed for bankruptcy.

Authorities are probing how Linqto sold private shares — with allegations of inflated markups, misleading sales practices, and some investors potentially not even legally owning the shares they paid for.

Ripple CEO Brad Garlinghouse responded quickly, clarifying that Linqto purchased ~4.7M XRP shares from third-party investors, not directly from Ripple. There’s no ongoing business relationship, and Ripple stopped approving Linqto transactions in late 2024.

If you’ve got money tied up in Linqto — this isn’t good news. A bankruptcy could lock up or wipe out those investments entirely. 😬

🔎 Keep an eye on this if you’re an $XRP holder.

#XRP #Ripple #CryptoNews #TrumpVsMusk #Write2Earn #Linqto #Bankruptcy #CryptoScandal #SEC #BinanceSquare