SEC Drops Charges Against Ripple Execs Garlinghouse and Larsen, But Continues Case Against Ripple Over XRP Sales
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SEC moves to dismiss lawsuit against Ripple executives Brad Garlinghouse and Chris Larsen that began in 2020.
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Ripple says the SEC's dismissal is a "stunning capitulation" after nearly 3 years.
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The SEC continues its case against Ripple itself over XRP token sales.
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It's unclear why the SEC dropped charges against the executives now with trial set for 2024.
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The dismissals come as the SEC has other major crypto cases pending, like those against FTX's Sam Bankman-Fried.
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