Ripple Share Controversy: Linqto Confirms It Still Holds 4.7M Shares
2025-07-10 02:42:33
Main Idea
Linqto confirms it still holds 4.7 million Ripple shares, refuting false reports about their sale.
Key Points
1. Linqto Inc. confirmed on July 7 that it continues to hold 4.7 million Ripple shares through its affiliate, Liquidshares LLC.
2. The company denied false claims on social media that a private equity fund by Capsign held these shares.
3. Ripple CEO Brad Garlinghouse clarified that Linqto acquired the shares solely through secondary market transactions.
4. The U.S. SEC and DOJ are investigating Linqto’s practices, though Ripple has no control over Linqto’s operations.
Description
Ripple share ownership is under intense scrutiny as Linqto rebukes viral misinformation, confirms its 4.7 million-share stake, and faces escalating regulatory and legal pressure. Linqto’s 4.7M Ripple Shares Not Sold, Company Responds to False Reports A social media claim regarding Ripple share ownership has drawn a public clarification from a secondary-market investment platform, highlighting the
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