More than four years ago, one of the biggest battles in the world of cryptocurrencies began: the lawsuit between Ripple and the SEC. Due to the status of XRP, both parties have been embroiled in legal chaos for years, putting much more than just money at stake. It is worth noting that the U.S. Securities and Exchange Commission (SEC) accused Ripple Labs and its executives of conducting an unregistered securities offering; since then, not only XRP holders but the entire cryptocurrency sector has been waiting for its conclusion, as it could pave the way for better regulation of digital assets. It is worth noting that the lawsuit against XRP is about to conclude, but it has not yet finished.

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