Recently, due to some questions raised by the SEC, Ripple has seen its reputation – and the Ripple price – take a small hit. In 2020, the SEC announced a lawsuit against Ripple Labs, alleging that XRP was initially sold as an unregulated security. Ripple Labs denies this, but the issue will have to be resolved in court. In the meantime, many major exchanges have halted all Ripple trading. Nevertheless, the coin has weathered the storm and remains a viable and valuable asset for enthusiasts. Ripple Labs will end up receiving a token fine, but Ripple will remain legal. The XRP future is a bright one.