On Twitter, a netizen called the reason for the lawsuit.

On Twitter, a netizen recently named the reason for the lawsuit. He noted:
By now it should be very clear, that a war is going on.
A war between established rich institutions and a new technology called crypto.
They know they can’t fight it. It’s too late. So, they need time to take it over. This is exactly why Ripple and other crypto companies are sued
Previously RippleX made an announcement for XRPL developers and contributors. Also Ripple announced opening registration for Ripple Swell conference.