The big question is why now it should be earlier it is obviously a security token because of it's centralized nature, this could force XRP out of business as you can see price is going down, it's only a charge if they cannot defend themselves well this is disaster for their business, now there is a hanging Damocles on XRP and holders will now have second thought if they still want to HODL Ripple.
If XRP can't win against SEC and then say by for XRP. There will be a lot of exchange sites will be delisting XRP from their platform as it was an illegal security coin that can't comply with the US regulation.
It might be a very bad thing for ripple holders as their coins will become worthless.