Ripple shareholder Linqto has filed for bankruptcy
2025-07-08 14:07:38
Ripple shareholder Linqto has filed for bankruptcy in the U.S. District Court for the Southern District of Texas and is expected to hold its first hearing on Tuesday. Ripple CEO Brad Garlinghouse clarified last week that Linqto owns 4.70 million shares of Tier 2 stock in Ripple, valued at about $450 million at current market prices, but has no direct business relationship with the company.
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