XRP surged to its highest point after Ripple’s executives filed motions to dismiss the US Securities and Exchange Commission’s lawsuit against them. The world’s fourth-largest cryptocurrency surged to $1.85 levels pushing its market cap above $82 billion. CEO Brad Garlinghouse and Chairman Chris Larsen filed a motion on Monday to dismiss the SEC’s lawsuit on the blockchain startup for allegedly selling XRP as illegal securities during its 2013 ICO.