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Report: Doping charges dropped against Lance Armstrong

Federal investigators have closed an investigation into Lance Armstrong and the United States Postal Service team in regards to a possible doping violation, according to the Associated Press.!/AP/status/165558012092755968

The investigation had been ongoing since 2010, when former teammate Floyd Landis said that most of the team -- including Armstrong -- had used banned substances.

"I have nothing to hide ... history speaks for itself here," Armstrong said after the initial accusations. "It's his word versus ours ... we like our word, we like our credibility."

United States Attorney Andre Birotte Jr. said in a release that his office was “closing an investigation into allegations of federal criminal conduct by members and associates of a professional bicycle racing team owned in part by Lance Armstrong,” according to the AP.

“This is great news,” Armstrong's attorney said in a statement. “Lance is pleased that the United States Attorney made the right decision, and he is more determined than ever to devote his time and energy to Livestrong and to the causes that have defined his career.”