A class action could likely be made out against the SEC by XRP holders.
[1] The SEC failed to act in a timely manner with respect to XRP allowing XRP to continue for 5 years with no complaint.
[2] The SEC's failure has contributed to or caused losses it's action now has directly or indirectly caused.
The SEC's filings admit they knew or constructively knew in 2013~2014
I was reading the other day an article where they told that the SEC chairman has changed and the new appointed person is thought to be pro crypto so i will stay positive for now and i hope good things will come from now on and as far as SEC is concerned their behavior will also change towards legit and well established crypto projects atleast.