<ul data-eligibleForWebStory="false"><li>Ripple Labs CEO is distancing the company from Linqto, a private investment platform facing federal investigation and potential bankruptcy.</li><li>Linqto, known for promoting access to private company shares including Ripple's, is now under scrutiny for misleading investors and selling shares without proper authorization.</li><li>Ripple CEO clarified on Twitter that while Linqto owns 4.7 million Ripple shares acquired on the secondary market, Ripple never had a direct business relationship with Linqto.</li><li>Linqto's former CEO is accused of aggressively marketing Ripple shares to non-accredited investors, leading to investigations by the SEC and DOJ over investor protection violations.</li></ul>

Ripple CEO Distances Firm From Linqto Amid Federal Probe

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