But if you have not, now is the time to act. Docket 79 is Linqto’s motion asking the court to use $18.8 million in Ripple proceeds. This is money that came from the sale of shares in SPVs we paid for. They want to use it to fund their bankruptcy legal bills.
If you believe those funds belong to SPV investors and not the bankruptcy estate, now is the time to file your objection.
The court has moved the hearing to August 19 so there is still time to act.
The judge already said: “There have been oppositions filed by various parties including individual investors. I’ve read them all.”
The more individual filings the court sees, the harder it is to justify dipping into these funds.
What You Need to File
- Cover Letter [click to download]
- Objection Template [click to download]
Where to Send (must arrive by August 19)
If using regular mail (USPS)
Nathan Ochsner, Clerk of Court
P. O. Box 61010
Houston, TX 77208
If sending via FedEx, UPS, or courier (no P.O. boxes)
Attn: Clerk’s Office
U.S. Bankruptcy Court (Case No. 25-90186)
515 Rusk Street, Suite 5300
Houston, TX 77002
Let’s make sure our voices keep showing up. Every filing counts.
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