SEC 對 Ripple 提出 20 億美元罰款要求：誤導性策略還是越權？

Ripple 首席法務官表示，美國證券交易委員會 (SEC) 將向 Ripple 尋求 20 億美元的罰款。 Stuart Alderoty 在 Twitter 上宣布，SEC 將要求法官處以罰款。自 2020 年以來，Ripple 和 SEC 一直在打官司，監管機構指控 Ripple 以 XRP 的形式出售未註冊的證券。

SEC's $2 Billion Penalty Demand: A False and Misleading Gambit?

SEC 的 20 億美元罰款要求：虛假且具有誤導性的策略？

Has the SEC Overreached in Its Pursuit of Ripple?

SEC 對 Ripple 的追蹤是否有些過頭了？

The Securities and Exchange Commission (SEC) is seeking a staggering $2 billion in penalties from Ripple Labs, the fintech firm behind the cryptocurrency XRP. This bombshell announcement, made by Ripple's Chief Legal Officer Stuart Alderoty on Twitter, has sent shockwaves through the crypto industry.

美國證券交易委員會 (SEC) 正在尋求對加密貨幣 XRP 背後的金融科技公司 Ripple Labs 處以 20 億美元的巨額罰款。 Ripple 首席法務官 Stuart Alderoty 在 Twitter 上發布的這一爆炸性公告在加密貨幣行業引起了軒然大波。

Alderoty has accused the SEC of "trading in statements that are false, mischaracterized and designed to mislead." He claims that the regulator's intent is to "punish and intimidate Ripple—and the industry at large."

阿爾德羅蒂指責美國證券交易委員會「以虛假、錯誤描述和旨在誤導的聲明進行交易」。他聲稱監管機構的目的是「懲罰和恐嚇 Ripple 以及整個產業」。

A Legal Battle That's Been Brewing for Years

一場醞釀多年的法律戰

The SEC's legal battle with Ripple has been simmering since 2020, when the regulator accused the company of selling unregistered securities in the form of XRP. Ripple has steadfastly denied these allegations, arguing that XRP is a utility token and not a security.

自 2020 年以來，SEC 與 Ripple 的法律鬥爭一直在醞釀，當時監管機構指控該公司以 XRP 的形式出售未註冊的證券。 Ripple 堅決否認這些指控，認為 XRP 是一種實用代幣，而不是證券。

In a partial victory for Ripple last year, a judge ruled that programmatic sales of XRP to retail investors did not constitute securities. However, the judge did find that $728 million worth of contracts for institutional sales did constitute unregistered securities sales.

去年 Ripple 取得了部分勝利，法官裁定向散戶投資者程序化銷售 XRP 不構成證券。然而，法官確實發現，價值 7.28 億美元的機構銷售合約確實構成未註冊的證券銷售。

Ripple's Partial Win: A Sign of Things to Come?

Ripple 的部分勝利：未來的跡象？

Despite the judge's mixed ruling, investors and Ripple Labs interpreted it as a win for the broader crypto industry. They saw it as a sign that the SEC's aggressive approach to regulating cryptocurrencies was not likely to succeed.

儘管法官的裁決褒貶不一，但投資者和 Ripple Labs 仍將其解釋為更廣泛的加密行業的勝利。他們認為這是一個跡象，表明美國證券交易委員會監管加密貨幣的激進方法不太可能成功。

Ripple's CEO Takes Aim at the SEC

Ripple執行長將矛頭指向美國證券交易委員會

Last month, Ripple CEO Brad Garlinghouse called the SEC "very hostile" and accused SEC Chairman Gary Gensler of being a "political liability." Garlinghouse has argued that Gensler's way of regulating the crypto industry is not working.

上個月，Ripple 首席執行官布拉德·加林豪斯 (Brad Garlinghouse) 稱 SEC“非常敵對”，並指責 SEC 主席加里·詹斯勒 (Gary Gensler) 是“政治責任”。加林豪斯認為 Gensler 監管加密貨幣行業的方式不起作用。

SEC's Crackdown on Crypto

SEC 對加密貨幣的打擊

Ripple is just one of many companies that the SEC has targeted in recent years. The financial watchdog has hit major American crypto exchanges and lenders with lawsuits, alleging that they have sold unregistered securities in the form of digital tokens.

Ripple只是美國證券交易委員會近年來瞄準的眾多公司之一。該金融監管機構已對美國主要加密貨幣交易所和貸方提起訴訟，指控他們以數位代幣的形式出售未註冊的證券。

The SEC's Silence and Ripple's Unwillingness to Comment

SEC 的沉默和 Ripple 不願發表評論

The SEC has declined to comment further on its $2 billion penalty demand. Ripple has also declined to provide a comment to Decrypt at the time of writing.

SEC 拒絕對其 20 億美元的罰款要求進一步置評。截至撰寫本文時，Ripple 也拒絕向 Decrypt 發表評論。

What's Next for Ripple and the SEC?

Ripple 和 SEC 的下一步是什麼？

The legal battle between Ripple and the SEC is ongoing. It remains to be seen whether the SEC will succeed in its pursuit of Ripple and whether the crypto industry will be able to withstand the regulator's crackdown.

Ripple 與 SEC 之間的法律鬥爭正在進行中。 SEC 對 Ripple 的追捕能否成功，加密產業能否經得起監管機構的打壓，還有待觀察。