Altcoins News
By Sakamoto Nashi
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Linqto, a private investment platform based in San Francisco, has pushed back firmly against growing bankruptcy rumors, affirming that investor holdings—including Ripple…
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Earlier this week, Matt Rosendin, CEO of private equity firm CapSign, posted on X (formerly Twitter) that a fund under his company’s umbrella held 4.
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However, Linqto was quick to counter the allegations. In an official statement, the firm emphasized that the Ripple shares in question are still under the custody of Liquidshares…
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In an effort to provide additional transparency, Ripple CEO Brad Garlinghouse also addressed the rumors. He clarified that Linqto is indeed a shareholder, owning 4.
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“What we know from our records is Linqto owns 4.7M shares of Ripple, solely purchased on the secondary market from other Ripple shareholders.
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He also added that Ripple ceased all trading activity with Linqto in 2024, making it clear that there has been no active relationship between the two companies since then.
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This clarity was crucial, as growing chatter on social platforms had stoked investor fears that shares bought through Linqto might be in jeopardy amid bankruptcy rumors.
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While these measures aim to reassure investors, Linqto is not entirely out of the spotlight. The platform is currently being investigated by both the U.S.
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In light of the investigations, Linqto has temporarily paused all transactions on its platform until further notice from the relevant authorities.
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Despite the uncertainty, the status of Ripple shares remains unaffected. Investors who purchased Ripple equity through Linqto retain their ownership, and there has been no…
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This situation highlights a growing tension in the crypto investing space: the fine line between retail access to private equity and the need for strong regulatory oversight.
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As the investigations progress, both Linqto and Ripple appear focused on ensuring transparency.
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For investors, the message is clear: Ripple’s shares are safe, and rumors about their security appear to be unfounded.
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