<ul data-eligibleForWebStory="false"><li>Ripple CEO Brad Garlinghouse clarified the distinction between XRP tokens and Ripple equity amid concerns over Linqto's sale of 'representative units' of Ripple stock.</li><li>Linqto owns 4.7 million Ripple shares, but acquired them from other shareholders in the secondary market, excluding direct involvement from Ripple in the sales process.</li><li>Garlinghouse emphasized Ripple's detachment from Linqto's operational decisions and lack of insight into how Linqto managed its investors.</li><li>There are calls for refunds amid the Linqto controversy, including arguments against refunding investments at original costs to prevent unfair enrichment of the platform.</li></ul>

XRP Is Not Ripple Stock, Linqto Owns 4.7M Ripple Shares, Not XRP: Ripple CEO

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