John E Deaton
John E Deaton|Jul 01, 2025 14:36
For Linqto customers, I’m one of you, as you can see. I’m well aware that people have less than me (some have much more than me also) on the platform, but it represents their entire investment portfolio or retirement. I get how unnerving that is. I’ve become familiar with bankruptcies through my asbestos law practice. A bankruptcy in this scenario does have positive things. One, Linqto has NO DEBT. Therefore, there are no creditors in line before us. Two, EVERYTHING will be public and we get to VOTE on the outcome. Three, the shares of Ripple, SpaceX, Circle, etc are all accounted for (except for a small percentage of Ripple - which I’ll explain today, unfortunately). Four, Linqto record keeping shows what each one of us is owed and the overall VALUE of what we own are there. Five, a bankruptcy will force regulators (eg SEC) to comply with deadlines, forcing the SEC to not drag the shit out. With all the above, there is a good reason to believe: a) you’re getting your money back & b) it’s very possible to realize the upside of those investments. I’ve already seen one post about ending a life over this situation. Please know, I will fight to the last breath to make sure people don’t get screwed over any more than they have. I’ve been where many of you are: living paycheck to paycheck and scraping to save money in an attempt to build wealth or a comfortable retirement for you and your family. Don’t beat yourself up. Look at me, I’m a lawyer and considered a sophisticated investor, and I invested just like you. We’ll get through this!
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads