Yes, it will. In December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, the company behind the XRP cryptocurrency. According to the SEC, Ripple sold unregistered securities and illegally raised $1.8 billion through the sale of XRP tokens. The Ripple/SEC lawsuit has become one of the most significant conflicts between a cryptocurrency company and a regulatory agency. After more than a year of court hearings and motions, the case seems to have reached a critical juncture and will likely affect the price of XRP.