“You Never Owned the Shares”: Linqto Bankruptcy Exposes Pre-IPO Illusion

“You Never Owned the Shares”: Linqto Bankruptcy Exposes Pre-IPO Illusion

Linqto bankruptcy reveals pre-IPO illusion as customers may never have owned promised shares, exposing fintech legal risks and fallout.

Deaton Fights For The XRP Army—Again: New Legal Battle Begins

XRP investors are at the centre of a securities-fraud class action that accuses former Linqto chief executive William Sarris of secretly imposing mark-ups of up to 60 percent on pre-IPO Ripple shares and other highly sought-after private-company equity like Uphold and Kraken sold through special-purpose vehicles on the fintech’s platform. The 61-page complaint—Maxwell v. Sarris, […]

Linqto Bankruptcy Won’t Shake Pre-IPO Deals: EquityZen

The bankruptcy of Linqto, a private investment marketplace holding 4.7 million secondary shares of Ripple, will have no impact on the broader pre-initial public offering (IPO) markets, according to EquityZen. Linqto filed for Chapter 11 bankruptcy on Monday, fueling investor concerns about the status of private investments. The company previously allowed users to invest in private companies such as Ripple ahead of potential public listings. Acco…

Linqto bankruptcy no threat to pre-IPO markets, says EquityZen

The bankruptcy of Linqto, a private marketplace holding 4.7 million secondary Ripple shares, has no impact on pre-IPO markets, according to EquityZen.

XRP Lawyer John Deaton Sues Linqto Founder Over Alleged Securities Fraud

Representing thousands of retail investors, the case accuses Sarris of selling shares in private firms such as Ripple, Uphold, and […] The post XRP Lawyer John Deaton Sues Linqto Founder Over Alleged Securities Fraud appeared first on Coindoo.

Ripple Share Controversy: Linqto Confirms It Still Holds 4.7M Shares

Ripple share ownership is under intense scrutiny as Linqto rebukes viral misinformation, confirms its 4.7 million-share stake, and faces escalating …