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The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple XRP executives, providing a significant boost to the price of XRP. This move by the SEC is seen as a vindication for Ripple's high-stakes litigation effort and a reminder that regulators also face litigation risk. The dismissal of aiding and abetting claims against Ripple Labs executives in the lawsuit alleging violations of U.S. securities laws has led to a surge in XRP's value. The decision has been welcomed by Ripple CEO Brad Garlinghouse and Chairman Chris Larsen, who released statements following the SEC's dropping of charges against them. XRP's rise in value following the SEC's move has garnered attention in the crypto world and is being closely watched by investors and industry observers.
XRP rises after SEC drops claims against Ripple Labs executives: CNBC Crypto World https://t.co/I0hJ45mBpJ
SEC drops lawsuit against Ripple CEO Brad Garlinghouse and Chairman Chris Larsen https://t.co/897qu6nhdM
CRYPTO IN THE COURTS: In Ripple Case ,SEC Dismissal of Garlinghouse & Larsen Delayed By Lack of Ink Signatures; SEC Can Sue But Not Stop? Inner City Press story: https://t.co/9wIxvxiJLp More incl on impact of SBF trial vs Ripple case here https://t.co/pZPikR1R3Z https://t.co/QeoTdj2vNS
🟥 Things I’m looking at today 🟥 Crypto rips led by SOL, huge lawsuit against DCG, Powell slightly dovish Crypto * BTC: $29.9k (+5%), ETH: 1620 (+5%) * Majors soar led by SOL +13% * BTC long-term holders own 73%, most ever * SEC drops lawsuit against XRP executives * BTC to… https://t.co/8sUyC8Z3Di https://t.co/dcKhLliBwz
US SEC drops claims against two Ripple Labs executives https://t.co/jRoZucLUA0 https://t.co/tEVvFL0znO
BREAKING: The SEC has dropped its lawsuit against Ripple executives
SEC went 0-3 versus Ripple Love or hate XRP, the precedent set here is bullish for the entire crypto ecosystem
SEC to drop claims against @Ripple executives Garlinghouse and Larsen. Ripple's larger case still in discussion. https://t.co/jnHTk8diCt
$XRP spiked as much as 6% Thursday afternoon after the SEC dropped charges against Ripple Labs CEO Bradley Garlinghouse and chairman Chris Larsen. @sndr_krisztian reports https://t.co/SvyARcctVf
🚨BREAKING: RIPPLE CEO BRAD GARLINGHOUSE AND CHIEF LEGAL COUNSEL RELEASE STATEMENTS FOLLOWING THE SEC DROPPING CHARGES AGAINST GARLINGHOUSE AND LARSEN https://t.co/92LTxkoRMz
⚠️ SEC DROPPING CLAIMS AGAINST RIPPLE EXECUTIVES - COURT FILING Full Story → https://t.co/Kasaju7TuZ The U.S. Securities and Exchange Commission is dismissing aiding and abetting claims against Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S.… https://t.co/eFgBAe8NeT https://t.co/CWmxJ33jnu
JUST IN: 🇺🇸 SEC drops lawsuit against Ripple XRP executives. https://t.co/sfTVfl3KU2
The SEC's move to drop its case against @Ripple's Garlinghouse and Larsen is a vindication for the high-stakes litigation effort Ripple staged and a reminder that regulators face litigation risk too https://t.co/orfXixSRDm
The @SECGov has filed a letter in Manhattan federal court saying it will drop its 3-year-old lawsuit against @Ripple execs @bgarlinghouse and Chris Larsen. Story coming soon.
Another Blow for the SEC in Case Against #Ripple - What's the Next Move? https://t.co/T5M22a1XnL
Ripple’s Win Over SEC Gave XRP a Massive Boost—That’s All Gone Now ► https://t.co/pCRJeqYNo7 https://t.co/pCRJeqYNo7