币界网报道:Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have agreed to dismiss the regulator’s claims against Ripple executives Brad Garlinghouse and Chris Larsen, effectively ending the SEC’s pursuit of penalties against the individuals. The SEC had accused Garlinghouse and Larsen of aiding and abetting Ripple’s alleged violations of securities laws by selling XRP as an unregistered security. The dismissal, filed in the U.S. District Court for the Southern District of New York, comes after the SEC dropped similar charges against the executives in October 2023. Ripple’s Chief Legal Officer Stuart Alderoty hailed the move as a "surrender" by the SEC, while Garlinghouse called it a "stunning capitulation" after years of aggressive litigation. The SEC’s case against Ripple itself continues, though the agency previously conceded that XRP is not a security when sold to retail investors on exchanges. The resolution marks a partial victory for Ripple, which has spent over $200 million defending itself against the SEC’s lawsuit filed in December 2020. Legal experts suggest the SEC’s retreat from pursuing individual liability signals a strategic shift, potentially avoiding an unfavorable precedent that could weaken its enforcement authority. The development also removes a key overhang for Ripple as it expands its cross-border payment services and XRP-related initiatives globally.