<ul data-eligibleForWebStory="false"><li>Pro-XRP lawyer John Deaton files a federal securities fraud class action against William Sarris, the co-founder and CEO of Linqto Inc.</li><li>The lawsuit was filed in New York on behalf of retail investors who purchased pre-IPO shares of Ripple and other companies through the Linqto platform.</li><li>The class action alleges that Sarris orchestrated a scheme involving undisclosed markups on pre-IPO share prices and violated U.S. laws in selling stock via special purpose vehicles.</li><li>Linqto recently filed for Chapter 11 bankruptcy protection in Texas, with Deaton's complaint aiming to prevent Sarris from hiding under bankruptcy protection and ensure full compensation for investors.</li></ul>

Pro-XRP Lawyer Files Securities Fraud Class Action Against Linqto Founder

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