I haven't seen US SEC losses it's ground to any crypto project, so although Ripple is too big, I think I will say that they have a very slim chances against the lawsuit against them. US SEC will not file this case if it is not air tight. Remember Telegram? well they SEC halted their ICO and they have to pay in millions in fine.
So I think this will be the same here, if found guilty in violation they have will have to shell out money and pay the government and then we will see how it goes.
I sold all my XRP upon reading the news, SEC is just to big for Ripple to handle, I don't know how they can handle this, but this is probably one of the biggest news this 2021 and it could top big news like all time high and the crash of Bitcoin because of the pandemic.