Why is the SEC going after XRP?
I'm somewhat puzzled about the SEC's pursuit of XRP. As a crypto asset, XRP has been around for years and has a large community of supporters. It's used by financial institutions for cross-border payments and other financial services. So, what exactly has prompted the SEC to take action against it? Is there something specific about XRP that violates securities laws, or is this a broader crackdown on crypto assets? I'd appreciate it if you could provide some clarity on this matter.