I hope everyone sells off their XRP and the entire 10 billion goes down the slide into history. This will also set a precedent to any private businesses not to try and create a 'currency' which they own all of it as it starts off and try to sell it and milk money out of it.
Down the slide right into BTC and traditional altcoins.
They still haven't made clear what the boundaries are. I would love to see this case decided at trial so we have clear precedent set. Multiple SEC officials (including Jay Clayton) said ETH is not a security even though it was launched as an ICO where the developers and Foundation pocketed 16.67% of the premine.
Can they now dump Ethereum please?
Fat chance. The SEC likes Ethereum. They've made it pretty clear they aren't coming after them.
With 2.0 coming, I'm expecting the opposite. Like DASH proved, hybrid POS will create massive incentives to accumulate ETH and remove it from the market. It's going sky high in the next bubble.