LINQTO UPDATE: GREAT NEWS 🗞️ The $60M DIP loan using custom
ChuanCrypto
Updated at: 4 hours ago
{"content":"LINQTO UPDATE: GREAT NEWS
🗞️
The $60M DIP loan using customer shares of @Ripple @circle @krakenfx @UpholdInc etc. is now OFF!
@JohnEDeaton1 will be holding an X space tonight at 7pm EST to explain the latest details regarding the Linqto bankruptcy.
The good news is that the constructive trust to protect customers’ assets will no longer need to be litigated because Linqto has dropped the loan plan.
👉Earlier, Ripple CEO Brad Garlinghouse cleared the air “Apart from Linqto being a shareholder, Ripple has never had a business relationship with Linqto, nor have they participated in our financing rounds.” $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/ba4a39a66d5943e1a1c6eb6e064373ed.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}