<ul data-eligibleForWebStory="false"><li>Pro-XRP lawyer John Deaton has filed a class action lawsuit against Linqto founder William Sarris, accusing him of selling unlicensed shares of a private company fraudulently.</li><li>Linqto is alleged to have charged investors 60% above the actual price and misused legal exemptions to avoid transparency, violating SEC and FINRA regulations.</li><li>Deaton filed the lawsuit on behalf of thousands of affected retail investors seeking maximum fund recovery and preventing reduced monetary settlements.</li><li>Linqto's bankruptcy attorney mentioned plans to raise funds for creditor repayment through the bankruptcy process and negotiation of a payout plan with regulators.</li></ul>

Pro-XRP Lawyer John Deaton Sues Linqto for Allegedly Misleading Crypto Investors

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