https://www.*.com.au/ripple-faces-sec-lawsuit-breaking-investor-protection-laws-xrp-2020-12?r=US&IR=T
There have been warning signals for at least two years that the SEC was going to come for XRP and ripple it looks like it is happening . This is the second project that MT GOX founder Jed Mcaleb has been involved in that has run into legal problems after he has left it . He sold Mt Gox to Mark Kappels before it closed
