Ripple CEO Brad Garlinghouse clarified that Linqto's 4.7 million Ripple shares were acquired from the secondary market and not directly from Ripple. Linqto, currently under federal investigation and facing potential bankruptcy, has no business dealings with Ripple beyond being a shareholder. Garlinghouse noted that Ripple ceased approving further stock purchases by Linqto at the end of 2024 due to rising concerns.