Sec to drop all charges against Ripples XRP and it's executives could this be the light at the end of the tunnel for all.

On Thursday, news hit the wires of the SEC dropping the charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larson.

In addition to dropping the charges, the court filing highlighted an intent to meet with Ripple and discuss the possibility of a briefing schedule about the ongoing SEC v Ripple case.

Ripple co-founder Chris Larson had this to say about the news,

“The last 3 years we’ve seen a rogue administration state that needs to be held accountable for its actions – not just an investigation into the conflicts of interests that led to these baseless claims, but how the US actively demolished its global standing as the home for innovation, with thousands of jobs moving overseas.”

The SEC filed charges against Ripple, Chris Larson, and Brad Garlinghouse in 2020

A settlement in the SEC v Ripple case would leave the SEC v Binance and SEC v Coinbase (COIN) for the markets to follow.