NASA's Official Words on Iapetus

In order to present a balanced view here is NASA's description of the ridge on Iapetus:

"The most unique, and perhaps most remarkable feature discovered on Iapetus in Cassini images is a topographic ridge that coincides almost exactly with the geographic equator. The ridge is conspicuous in the picture as an approximately 20-kilometer wide (12 miles) band that extends from the western (left) side of the disc almost to the day/night boundary on the right. On the left horizon, the peak of the ridge reaches at least 13 kilometers (8 miles) above the surrounding terrain. Along the roughly 1,300 kilometer (800 mile) length over which it can be traced in this picture, it remains almost exactly parallel to the equator within a couple of degrees. The physical origin of the ridge has yet to be explained. It is not yet clear whether the ridge is a mountain belt that has folded upward, or an extensional crack in the surface through which material from inside Iapetus erupted onto the surface and accumulated locally, forming the ridge."

More can be found at this website.