Linqto Pre-IPO Ripple Shareholders Can Expect Gains Beyond Their Investments: Legal Expert
Following concerns about Linqto’s impending bankruptcy, pro-XRP lawyer John Deaton assures investors that they may recover more than the value of their initial investments.
For context, the Wall Street Journal disclosed that the DOJ is currently investigating Linqto for regulatory compliance violations. Earlier, Attorney Deaton also suggested that the SEC and another three-letter agency are investigating Linqto for potential violations of federal securities laws.
As a result, some market commentators suggested that the company could be facing an impending bankruptcy. Amid this speculation, Deaton emphasized that no one can predict the outcome of the process.