New York… Among the (too) long list of crypto projects heavily scrutinized by the SEC, Ripple undoubtedly takes the top spot. Since 2020, it has faced legal action over its cryptocurrency XRP, considered an unregistered security. However, after a prolonged battle, Ripple Labs has achieved significant victories. Nevertheless, they now face a staggering regulatory bill of $2 billion, which is not well-received by its leaders. Meanwhile, pressure is easing at the New York Department of Financial Services (NYDFS) regarding the contentious issue of XRP.