<p>Twin letters filed in federal court indicate that Ripple CEO Brad Garlinghouse and co-founder Chris Larsen will seek a dismissal of the charges against them in the Securities and Exchange Commission's ongoing lawsuit.</p> <p>The letters, linked <a href="https://ripple.com/wp-content/uploads/2021/03/bgarlinghouse_motion_to_dismiss.pdf" target="_blank" rel="noopener noreferrer">here</a> and <a href="https://www.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.50.0.pdf" target="_blank" rel="noopener noreferrer">here</a>, set forth the arguments for dismissal of their respective charges. Both letters highlight pending motions to dismiss, which as of press time are not publicly available via court records.</p> <p>The SEC filed suit against Ripple last December, Garlinghouse and Larsen, <a href="https://www.theblockcrypto.com/linked/88912/sec-ripple-labs-lawsuit-filed-2" target="_blank" rel="noopener noreferrer">alleging violations</a> of U.S. securities laws in connection with what the agency alleged was an unregistered sale of securities in the form of XRP. Ripple has aggressively fought back, <a href="https://www.theblockcrypto.com/linked/93147/ripple-court-response-sec-lawsuit-xrp" target="_blank" rel="noopener noreferrer">filing its court response</a> in late January. The expected motions to dismiss represent the latest salvo in their efforts to counter the suit.</p> <p>As Garlinghouse's letter, penned by law firm Cleary Gottlieb Steen &amp; Hamilton LLP, states:</p> <blockquote> <p>"This case represents regulatory overreach, plain and simple."</p> </blockquote> <p>The moves come after the SEC filed an amended complaint last month. </p> <p><em><strong>Correction:</strong> This report has been updated to reflect that Larsen and Garlinghouse are seeking dismissal of the charges against them, not the lawsuit as a whole. </em></p>