SEC charges Ripple and two executives
Ripple is everything you don't want in a cryptocurrency:    - centralized (as witnessed by the fact that the SEC has an actual target to go after)
    - "pre-mined" (initial Ripple crowd gave themselves everything and once in a while toss a handful of XRP to the plebs)
    - controlled by scammers

I'm very glad the ecosystem is doing what it's supposed to: weeding out the weak and ill-formed.