<ul data-eligibleForWebStory="false"><li>XRP lawyer John Deaton has sued Linqto founder, Sarris, over alleged securities fraud involving private firms like Ripple, Uphold, and Kraken.</li><li>The lawsuit claims Sarris sold shares through unregistered SPVs, ignored legal warnings, and charged high hidden fees while exploiting regulatory exemptions.</li><li>Linqto is under bankruptcy protection in Houston, accused of misleading customers about ownership in private firms, leading to over $500 million in inflated holdings.</li><li>Regulators like the SEC and FINRA are investigating Linqto, with shareholders challenging the bankruptcy reorganization plan, setting the stage for a legal battle over the company's future.</li></ul>

XRP Lawyer John Deaton Sues Linqto Founder Over Alleged Securities Fraud

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