In the United States, an impasse involving Ripple and the SEC has been unfolding through lawsuits by both parties.
The SEC claimed that Ripple since 2013 has raised over $ 1 Billion from sales of its XRP token, and that this was a violation of the Securities Act of 1933, even suing Ripple owners, Brad G. and Chris L., claiming that tokens are securities not properly registered with the SEC.
On the other hand, the understanding of Ripple's management is that the XRP is a de facto currency, not a security, and these claims from the SEC are not substantiated. In response to the lawsuit filed by the SEC, Ripple LABS requested the exemption of its directors in a new lawsuit.
Soon a second part involving this case that could affect Ripple a lot, if the justice determines in favor of the SEC.