Massive breaking news for the XRP army in the entire crypto industry Ripple verse SCC case has officially been dismissed.In December of 2020, the SEC filed a civil action against Ripple and two of its executives, Garlinghouse and Larson.They stated that in the beginning of 2013, distributions of XRP should have been registered as a security.Now the lawsuit only involves Ripple as a company and not the executives.The reason why this is such big news for the entire crypto industry is because the SEC continues to take loss after loss for quite some time.

The SEC would unjustly go after various different crypto companies and claim that they were bad actors, when in fact they were really good actors.And now the SEC's case against Ripple and the executives had have been dismissed.Not only was XRP proven to be not a security on the secondary market, meaning you and I can go ahead and buy it or sell it on crypto exchanges, but now the case against the two executives has been dropped.So this means in the future we can hopefully use this decision for other unjust attacks by the SEC.

And hopefully, when the SEC actually starts to examine crypto as a whole, they will take into consideration these case laws and come up with some positive regulation not only to push the industry forward, but to allow for companies to operate legally, ethically and within guidelines that help them flourish in the tech industry. And of course, protect retail investors.I'm super excited.