Linqto Bankruptcy: XRP Lawyer Says Customers May Get Full Recovery

XRP Lawyer John Deaton Claims Linqto Users Could Receive Increased Payouts - The Market Periodical

Key Insights XRP lawyer John Deaton confirmed Linqto customers have priority over equity holders in bankruptcy court. Ripple CEO said Linqto holds 4.7M Ripple shares; 3% were sold, but related funds are available. Deaton stated Circle shares on Linqto have risen 6X in value since customer purchase. XRP attorney John Deaton has stated that customers of the troubled Linqto platform may not only recover their full investments but could also receiv…

Ripple CEO confirms, ‘Linqto owns 4.7M shares’ – But denies any direct sale

Ripple CEO has denied and distanced the firm from Linqto's sale of its private shares to non-accredited investors amid ongoing DoJ probe.

XRP and Ripple Shares Are Different – CEO Responds to Ownership Rumors News ETHNews

Ripple CEO Brad Garlinghouse has clarified that XRP tokens and Ripple equity are entirely separate, distancing the company from Linqto’s controversial sale of pre-IPO Ripple shares. He confirmed that Ripple has no formal ties with Linqto, which holds 4.7 million Ripple shares purchased through the secondary market, not directly from Ripple. Ripple CEO Brad Garlinghouse has addressed growing confusion over the distinction between XRP tokens and R…

XRP Is Not Ripple Stock, Linqto Owns 4.7M Ripple Shares, Not XRP: Ripple CEO

Ripple CEO Brad Garlinghouse has noted the distinction between XRP and Ripple shares amid the controversy surrounding Ripple’s pre-IPO shares and the Linqto platform. This clarification comes in response to investor concerns fueled by regulatory investigations into Linqto and its sale of so-called “representative units” of Ripple stock. Garlinghouse reiterated that Ripple has no business relationship with Linqto and did not directly issue any sh…

Linqto Bankruptcy: XRP Lawyer Says Customers May Get Full Recovery

XRP lawyer John Deaton has recently shared an optimistic outlook amid the Linqto bankruptcy proceedings. According to Deaton, customers may have priority over equity shareholders, potentially leading to full recovery or significant returns. Linqto Bankruptcy: Customers at Top Priority In a recent X post, XRP lawyer John Deaton shed light on the Linqto bankruptcy proceedings, The post Linqto Bankruptcy: XRP Lawyer Says Customers May Get Full Reco…

Ripple Shares Are Safe Despite Linqto Bankruptcy, Says John Deaton

The post Ripple Shares Are Safe Despite Linqto Bankruptcy, Says John Deaton appeared first on Coinpedia Fintech News The Linqto collapse has sent shockwaves through crypto’s private equity investment world, especially among retail investors with holdings in Ripple, Circle, and SpaceX via SPVs on the...