Exactly. That's the problem when you rely on something that's utterly centralized by design. Ripple (the company) and the devs can do as they desire because of their dominance on the XRP Ledger. This puts investors funds' at risk, as a bad decision from the devs could make XRP go all the way down the drain. There's a reason why Bitcoin was created as a decentralized cryptocurrency. You take decentralization away from it, and you'll get nothing more than a "glorified" banking system subject to manipulation and fraud.

Nonetheless, buying or getting out of XRP is a decision the OP has to make as an investor. My advise is to "bail out" as the SEC lawsuit could signal the end of Ripple. There are far better options out there on the market with decentralization in mind. A good alternative of XRP is Stellar. The project is decentralized, and governed by the community itself. Transactions settle in seconds, while fees are ridiculously low just like it's the case with XRP right now. The only difference is that you remain in charge. Who knows how long XRP will last with tightening regulations from the government? Just my thoughts