Ripple is distancing itself from Linqto after the crypto platform filed for Chapter 11 bankruptcy amid allegations of regulatory violations. Although Ripple doesn’t have direct business ties with Linqto, this move comes at a significant time as SEC investigations raise concerns over the company’s reputation and potential financial risks for investors. Ripple’s CEO, Brad Garlinghouse, emphasizes that Ripple has never had any partnership or involvement in Linqto’s financing. The Chapter 11 filing reflects broader regulatory scrutiny of crypto platforms, echoing past failures like BlockFi, where investor confidence has been shaken by compliance issues and unsecured credit risks.