I have never supported the ripple, in the current situation around the company I am very much interested, since these events regarding the sec claim may ultimately have a very strong impact on the cryptocurrency market. I would like to understand what kind of influence the SEC has on other countries, because, for example, Japan strongly supports Ripley and this in any case raises the company's authority in the world.
Well SEC doesn't have any power over other nations, but they do over Ripple as a company and all the companies that Ripple work with, and that is the problem. Think about it this way, Apple is an american company right? And they have to follow SEC as well which they do not do anything to bother them at all but let's assume something happened to Apple and SEC banned them from working in USA. Would Apple still survive? Of course they would, they sell phones and computers and so forth all around the world, not just in USA and they would continue that. But would being banned in USA hurt their business a lot? It would hurt them a ton.
So, basically Ripple being banned in USA would be a major deal, it wouldn't stop them working in other nations but being banned in USA would mean a huge drop not just once (which a crash will happen) but for long term as well.