John E Deaton
John E Deaton|Jun 01, 2025 16:00
Thankfully, @DigPerspectives invited the CEO of @linqtoinc to come and speak to everyone. Because there were understandably upset folks in the audience, Brad Kimes asked me to go on stage with the Linqto CEO and ask pertinent questions. As I said on stage, I have ZERO loyalty to the current management or the past management of Linqto. Some people mistakenly viewed me going on stage as a some kind of endorsement. As of now, based on what I’ve been told, I believe people’s funds to be secure and safe. As I’ve made clear, I’m in the same boat as many people and have substantial funds on the platform. As Dan, the current CEO stated, there are several regulators now involved, regarding Linqto practices. With that said, coupled with the fact that trading on the platform has been shut down for months, it does not take a genius to figure out that Linqto is very likely going to file for bankruptcy in the near future. However, even if that happens, during a reorganization in bankruptcy, if there’s an IPO (eg Circle, Kraken, Ripple) people’s shares should process as usual. During that process, if I see either Linqto Management or the SEC attempting to disadvantage customers (ie hurt non-accredited investors by not allowing them to participate), I’ll file a Petition/Brief in Court to try and prevent such harm from happening.
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