<ul data-eligibleForWebStory="false"><li>Ripple CEO, Brad Garlinghouse, clarifies that Linqto bought 4.7M shares of Ripple solely from the secondary market, not from Ripple directly.</li><li>Linqto is facing financial troubles leading to a freeze on user accounts and upsetting investors with a refund model excluding profits.</li><li>John Deaton, a Linqto investor, advocates for calmness amidst the panic, stating that bankruptcy might protect investor interests.</li><li>Ripple has no business relationship with Linqto and had ceased approving more Linqto purchases in late 2024 due to rising doubts.</li></ul>

Ripple CEO Breaks Silence on Linqto Scandal “No Business Relationship”

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