<ul data-eligibleForWebStory="false"><li>Ripple's CEO, Brad Garlinghouse, clarified that Ripple has no direct business relationship with investment platform Linqto, aside from Linqto being a pre-IPO shareholder.</li><li>Garlinghouse confirmed that Linqto acquired 4.7 million Ripple shares from existing shareholders on the secondary market, indicating Ripple did not issue pre-IPO shares directly to Linqto.</li><li>Linqto has been offering non-accredited investors the chance to invest in pre-IPO shares of companies like Ripple, which has generated significant interest.</li><li>Federal investigators are examining Linqto's operations amid a lawsuit by a former executive and concerns of fraud, market manipulation, and insider trading. Ripple aims to distance itself from regulatory and legal issues tied to Linqto.</li></ul>

Brad Garlinghouse Confirms Ripple Has No Business Relationship with Linqto Amid Federal Investigation

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