Altcoins News
By James Thorp
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Linqto Responds to Misinformation About Ripple Shares. The controversy began when Matt Rosendin, CEO of Capsign, posted a viral thread on X (formerly…
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Ripple Confirms: No Direct Business Ties With Linqto. Ripple CEO Brad Garlinghouse weighed in on the issue, providing additional clarity.
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Linqto Faces Legal Pressure and Bankruptcy Filing. This controversy comes at a time when Linqto is already facing a number of serious challenges.
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CEO Compensation in Ripple Shares Raises Eyebrows. Further complicating the matter is Linqto’s recent decision to pay its CEO in Ripple shares.
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Conclusion: Transparency and Regulation in Spotlight. The Linqto–Ripple share controversy is a stark reminder of the growing pains in the maturing…
6 / 15
The private equity space surrounding Ripple has been rocked by controversy this week after conflicting reports emerged about the ownership of Ripple shares. Linqto, a U.S.
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This reveal comes amid a flurry of misinformation on social media and mounting regulatory scrutiny involving Linqto’s business operations.
8 / 15
The controversy began when Matt Rosendin, CEO of Capsign, posted a viral thread on X (formerly Twitter), claiming that a private equity fund being started by his firm had taken…
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In response, Linqto issued a public clarification on July 7. The company stated clearly that the Ripple shares in question remain under the ownership of Liquidshares and have not…
10 / 15
“A thread posted on X by Mr. Rosendin falsely indicated that a private equity fund being established by Capsign holds the 4.
11 / 15
The firm also referenced a previous reveal from May 9 that reassured clients about the safety of their holdings on the platform.
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Ripple CEO Brad Garlinghouse weighed in on the issue, providing additional clarity. Speaking publicly, Garlinghouse emphasized that Ripple has never had a formal business…
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“Linqto acquired Ripple shares solely through secondary market transactions from existing shareholders,” Garlinghouse stated.
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He also confirmed that Ripple stopped approving secondary share transactions via Linqto at the end of 2024, distancing the blockchain firm from the unfolding drama surrounding…
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One major concern being raised is whether customers who purchased Ripple shares via Linqto truly had legal ownership of those shares.
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