XRP Lawsuit: Ripple May Have Upper Hand Against SEC, Thanks to U.S. DOJ’s Latest Comments on Crypto

As the SEC vs Ripple case extends into the new year, XRP supporters are on the lookout for any edge Ripple could have over the SEC in hopes that it might strengthen Ripple’s chances of winning the case.

Luckily, XRP supporters can look at the recent statements made by the U.S. Department of Justice, which classifies two cryptocurrency tokens as “commodities.” The statements have spurred optimism among community members, who consider the statement a valid point of reference for Ripple’s lawyers in the ongoing case.

The classification of two cryptocurrencies, namely CRV and MNGO, as commodities by the U.S. DOJ, can be seen in a recent court filing against Avraham Eisenberg.

Avraham Eisenberg, who was allegedly involved in hacking the decentralized exchange platform Mango Markets, was recently charged with market manipulation after being arrested on the 28th of December in Puerto Rico.

Full Article: https://zycrypto.com/xrp-lawsuit-ripple-may-have-upper-hand-against-sec-thanks-to-u-s-dojs-latest-comments-on-crypto/

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