XRP attorney John Deaton has stepped in to address concerns among Linqto investors amid rumors of bankruptcy and federal investigations.
Deaton revealed direct conversations with Linqto leadership, some of whom alleged fraud by founders Bill and Vicki Sarris.
Despite uncertainties, Deaton assured that customer investments in Ripple and Circle remain intact, with Ripple shares valued at around $800 million and Circle investments showing a 6x return.
Deaton emphasized that Linqto customers, not creditors, have claim rights, with more than 11,000 individuals invested in Ripple through Linqto SPV.